Chapter 6 Building the Foundations for Academic EnterpriseSimon Mosey et al.Building the Foundations for Academic Enterprise: The Medici Fellowship Programme

New Technology-Based Firms in the New Millennium

ISBN: 978-0-0805-5448-8, eISBN: 978-1-84950-544-4

ISSN: 1876-0228

Publication date: 1 January 2008

Abstract

Despite a recent increase in government funded intervention schemes a number of attitudinal and operational barriers continue to constrain university technology transfer in the UK (Wright, Birley, & Mosey, 2004). A recent report commissioned by the UK government (Lambert, 2003) asserts that the inability of some universities to develop links with industry is a key barrier to the commercialisation of research. Moreover it is argued that academics focus exclusively upon their research due to the explicit link to career progression (Slaughter & Leslie, 1997). As a result academics, in the main, remain reluctant to explore the potential for commercialising their research. This paper considers a novel fellowship scheme aiming to overcome these barriers by retraining academics and encouraging them to interact with their peers and with industry practitioners to help commercialise research within their schools.

Citation

Mosey, S., Lockett, A. and Westhead, P. (2008), "Chapter 6 Building the Foundations for Academic EnterpriseSimon Mosey et al.Building the Foundations for Academic Enterprise: The Medici Fellowship Programme", Groen, A., Van Der Sijde, P., Oakey, R. and Cook, G. (Ed.) New Technology-Based Firms in the New Millennium (New Technology Based Firms in the New Millennium, Vol. 6), Emerald Group Publishing Limited, Bingley, pp. 69-83. https://doi.org/10.1016/S1876-0228(08)06006-7

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Emerald Group Publishing Limited

Copyright © 2008, Emerald Group Publishing Limited

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