Investigating the cooperation between university and industry: With a focus on university spin offs

Abstract

The main purpose of this research is to describe the process of the technological cooperation between academic spin-offs and the industry sector. This is a fundamental research in terms of the purpose and a kind of interpretive research. Due to the development policy of academia in the country, one of the challenges of this policy success is due to the inherent risks and specific features of the management, commercialization and resource requirements. Despite the considerable effectiveness of these companies, statistics show that most of these companies either disappear over time or stay small and few survive and grow larger. Research has shown that the main reason SMEs fail in their early years is the lack of sufficient management and capital experience. Therefore, managers of different types of companies need to be more and more familiar with the success factors of organizations in order to manage their organization more consciously in order to achieve the intended goals. In the modern age we are witnessing significant changes in the economic situation of countries. The main reason for this is the rapid change in technology that has changed the traditional economy. In this era, economies that will be able to develop a creative and innovative atmosphere in their society with science and knowledge will be more successful. Therefore, in the present study, we discuss the University Spin Offs and their relation to industry and other related issues.