The New Idea Factory: Expanding Technology Companies With University Intellectual Capital

Two academics-turned-entrepreneurs and a business journalist provide resources and rationale for tapping federally-funded innovation. Their model merges the need of universities to commercialize their innovations with the interests of small companies. It is characterized by equity-based performance compensation, as opposed to royalty sharing. The appendices provide information on US university research expenditures and resulting technology production, the top 300 organizations receiving US patents in 1998, investment banks, and government agencies involved in technology transfer. Tables provide information on the most inventive states in the US, changes in organizational thinking, US funding to colleges and uiniversities for research in 1999, measuring intangible assets, and intellectual capital of the Dow components and of the NASDAQ 100 companies. Annotation c. Book News, Inc., Portland, OR (booknews.com)