Abstract
Abstract The statutory mission of a university, in addition to the creation of scientific knowledge and education, lies in the cooperation with the economic sector through the transfer of knowledge and technology. The effectiveness of this process directly affects the affluence of any given State’s economy. Owing to the new amendments to the Act on Higher Education, many barriers that hinder commercialisation of knowledge in Poland have been brought down. Nicolaus Copernicus University in Toruń sets an excellent example in this respect having established a special purpose entity, which has already managed to set up thirteen spin-off companies in just 18 months.
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