TITLE:
Spin-Off and Commercialization of University Researches
AUTHORS:
Nguyen Duc Minh, Tran Thi Hai Van
KEYWORDS:
University Researches, Commercialization, Industrial Production, Spin-Off
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.10 No.1,
January
24,
2022
ABSTRACT: This
paper analyzes the university spin-off
which is considered as a new solution to exploit and commercialize current
university research. Since the function of universities is research and
training, not production, their researches or inventions are often academic and
fundamental in nature. The need to convert research results into machines or
equipment that can be used in industrial production has created a spin-off
enterprise in the university. A spin-off is
one of the bases for commercializing research results of universities. With the
method of analyzing and synthesizing results from related studies, the study
provides recommendations for effective spin of development as a useful solution
for improving the commercialization of research results in universities.