Table of Contents
THE QUESTIONNAIRE......................................................................................................................................... 8
PARTICIPANTS LIST ......................................................................................................................................... 13
SUMMARY OF MAIN FINDINGS ........................................................ Error! Bookmark not defined.
Characteristics of the Sample ............................................................ Error! Bookmark not defined.
Number of Start-Ups and Spin Offs Based on Technology Developed at Least in Part at the
College ................................................................................................... Error! Bookmark not defined.
Percentage of Start Ups Involving Faculty or Students of the School of Business ....... Error!
Bookmark not defined.
Percentage of Start Ups Involving Faculty or Students of the School or Department of
Engineering.......................................................................................... Error! Bookmark not defined.
Percentage of Start Ups Involving Faculty or Students of the School or Departments of
Medicine, Nursing or Allied Health ............................................ Error! Bookmark not defined.
Role of Professors or Administrators in Start Ups ............... Error! Bookmark not defined.
Role of Alumni in Start Ups ........................................................... Error! Bookmark not defined.
Role of Students in Start Ups ........................................................ Error! Bookmark not defined.
Subsidized Office Space................................................................... Error! Bookmark not defined.
Mentoring Program .......................................................................... Error! Bookmark not defined.
Metrics for Program Success ........................................................ Error! Bookmark not defined.
Equity Retention and Licensing Programs .............................. Error! Bookmark not defined.
Revenues from Technology Licensed to College/University Spin Offs .... Error! Bookmark
not defined.
Revenues from Equity Stakes ....................................................... Error! Bookmark not defined.
Start Up Funds Provision ............................................................... Error! Bookmark not defined.
Activity of Outside Investors......................................................... Error! Bookmark not defined.
Percentage of Start Up Funds from Various Sources........... Error! Bookmark not defined.
Role of Outside Equity Investors ................................................. Error! Bookmark not defined.
Spin Offs Vs. Licensing ..................................................................... Error! Bookmark not defined.
Developing Companies in Partnership with Other Higher Education Institutions ..... Error!
Bookmark not defined.
Table 1.1 Your office serves what type of college? ................... Error! Bookmark not defined.
Table 1.2 Your office serves what type of college? Broken out for public and private colleges
....................................................................................................................... Error! Bookmark not defined.
Table 1.3 Your office serves what type of college? Broken out by those reporting all
institutional data vs. data for particular schools or divisionsError! Bookmark not defined.
Table 1.4 Your office serves what type of college? Broken out by main area of business
activity ........................................................................................................ Error! Bookmark not defined.
Table 2 To the best of your knowledge how many company spin offs or start-ups based on
patents, copyrights, trade secrets or other intellectual property developed at least in part at
your institution were established in each of the following years: 2012,2013,2104? .... Error!
Bookmark not defined.
Table 2.1.1 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2012? ................. Error! Bookmark not
defined.
Table 2.1.2 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2012? Broken out for public and
private colleges .................................................................................. Error! Bookmark not defined.
Table 2.1.3 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2012? Broken out by those reporting
all institutional data vs. data for particular schools or divisions ....... Error! Bookmark not
defined.
Table 2.1.4 To the best of your knowledge how many company spin offs or start-up s
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2012? Broken out by main area of
business activity ................................................................................ Error! Bookmark not defined.
Table 2.2.1 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2013? ................. Error! Bookmark not
defined.
Table 2.2.2 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2013? Broken out for public and
private colleges .................................................................................. Error! Bookmark not defined.
Table 2.2.3 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2013? Broken out by those reporting
all institutional data vs. data for particular schools or divisions ....... Error! Bookmark not
defined.
Table 2.2.4 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2013? Broken out by main area of
business activity ................................................................................ Error! Bookmark not defined.
Table 2.3.1 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2014? ................. Error! Bookmark not
defined.
Table 2.3.2 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2014? Broken out for public and
private colleges .................................................................................. Error! Bookmark not defined.
Table 2.3.3 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2014? Broken out by those reporting
all institutional data vs. data for particular schools or divisions ....... Error! Bookmark not
defined.
Table 2.3.4 To the best of your knowledge how many company spin offs or start-ups
based on patents, copyrights, trade secrets or other intellectual property developed at
least in part at your institution were established in 2014? Broken out by main area of
business activity ................................................................................ Error! Bookmark not defined.
Table 3.1 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's school of business? ................................................... Error! Bookmark not defined.
Table 3.2 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's school of business? Broken out for public and private colleges ............... Error!
Bookmark not defined.
Table 3.3 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's school of business? Broken out by those reporting all institutional data vs.
data for particular schools or divisions ......................................... Error! Bookmark not defined.
Table 3.4 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's school of business? Broken out by main area of business activity ............ Error!
Bookmark not defined.
Table 4.1 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's school of engineering? ............................................ Error! Bookmark not defined.
Table 4.2 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's school of engineering? Broken out for public and private colleges .......... Error!
Bookmark not defined.
Table 4.3 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's school of engineering? Broken out by those reporting all institutional data vs.
data for particular schools or divisions ......................................... Error! Bookmark not defined.
Table 4.4 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's school of engineering? Broken out by main area of business activity ..... Error!
Bookmark not defined.
Table 5.1 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's schools of medicine, nursing or allied health? Error! Bookmark not defined.
Table 5.2 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's schools of medicine, nursing or allied health? Broken out for public and
private colleges ....................................................................................... Error! Bookmark not defined.
Table 5.3 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's schools of medicine, nursing or allied health? Broken out by those reporting
all institutional data vs. data for particular schools or divisions ........... Error! Bookmark not
defined.
Table 5.4 Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or faculty at
your college's schools of medicine, nursing or allied health? Broken out by Main area of
business activity ..................................................................................... Error! Bookmark not defined.
Table 6 What percentage of the companies spun off or funded by the college are largely
controlled by each of the following: Professors or Administrators of the College, College
Alumni, Students and All Other? ...................................................... Error! Bookmark not defined.
Table 6.1.1 What percentage of the companies spun off or funded by the college are
largely controlled by Professors or Administrators of the College? Error! Bookmark not
defined.
Table 6.1.2 What percentage of the companies spun off or funded by the college are
largely controlled by Professors or Administrators of the College? Broken out for public
and private colleges.......................................................................... Error! Bookmark not defined.
Table 6.1.3 What percentage of the companies spun off or funded by the college are
largely controlled by Professors or Administrators of the College? Broken out by those
reporting all institutional data vs. data for particular schools or divisions ................... Error!
Bookmark not defined.
Table 6.1.4 What percentage of the companies spun off or funded by the college are
largely controlled by Professors or Administrators of the College? Broken out by Main
area of business activity ................................................................. Error! Bookmark not defined.
Table 6.2.1 What percentage of the companies spun off or funded by the college are
largely controlled by College Alumni? ...................................... Error! Bookmark not defined.
Table 6.2.2 What percentage of the companies spun off or funded by the college are
largely controlled by College Alumni? Broken out for public and private colleges .... Error!
Bookmark not defined.
Table 6.2.3 What percentage of the companies spun off or funded by the college are
largely controlled by College Alumni? Broken out by those reporting all institutional data
vs. data for particular schools or divisions ............................. Error! Bookmark not defined.
Table 6.2.4 What percentage of the companies spun off or funded by the college are
largely controlled by College Alumni? Broken out by Main area of business activity Error!
Bookmark not defined.
Table 6.3.1 What percentage of the companies spun off or funded by the college are
largely controlled by Students (including graduate students)? ......... Error! Bookmark not
defined.
Table 6.3.2 What percentage of the companies spun off or funded by the college are
largely controlled by Students (including graduate students)? Broken out for public and
private colleges .................................................................................. Error! Bookmark not defined.
Table 6.3.3 What percentage of the companies spun off or funded by the college are
largely controlled by Students? (including graduate students) Broken out by those
reporting all institutional data vs. data for particular schools or divisions ................... Error!
Bookmark not defined.
Table 6.3.4 What percentage of the companies spun off or funded by the college are
largely controlled by Students? (including graduate students) Broken out by main area of
business activity ................................................................................ Error! Bookmark not defined.
Table 6.4.1 What percentage of the companies spun off or funded by the college are
largely controlled by Other Parties not Previously Cited? Error! Bookmark not defined.
Table 6.4.2 What percentage of the companies spun off or funded by the college are
largely controlled by Other Parties not Previously Cited? Broken out for public and
private colleges .................................................................................. Error! Bookmark not defined.
Table 6.4.3 What percentage of the companies spun off or funded by the college are
largely controlled by Other Parties not Previously Cited? Broken out by those reporting
all institutional data vs. data for particular schools or divisions....... Error! Bookmark not
defined.
Table 6.4.4 What percentage of the companies spun off or funded by the college are
largely controlled by Other Parties not Previously Cited? Broken out by main area of
business activity ................................................................................ Error! Bookmark not defined.
Table 7.1 What percentage of spin-offs or start-ups received free or subsidized office or
production space from the college? ................................................ Error! Bookmark not defined.
Table 7.2 What percentage of spin-offs or start-ups received free or subsidized office or
production space from the college? Broken out for public and private colleges .............. Error!
Bookmark not defined.
Table 7.3 What percentage of spin-offs or start-ups received free or subsidized office or
production space from the college? Broken out by those reporting all institutional data vs.
data for particular schools or divisions ......................................... Error! Bookmark not defined.
Table 7.4 What percentage of spin-offs or start-ups received free or subsidized office or
production space from the college? Broken out by main area of business activity ......... Error!
Bookmark not defined.
When free or subsidized office or production space is provided, please furnish a few typical
examples. ................................................................................................... Error! Bookmark not defined.
Table 8.1 Does the college offer an entrepreneurial mentoring program? . Error! Bookmark
not defined.
Table 8.2 Does the college offer an entrepreneurial mentoring program? Broken out for
public and private colleges ................................................................. Error! Bookmark not defined.
Table 8.3 Does the college offer an entrepreneurial mentoring program? Broken out by
those reporting all institutional data vs. data for particular schools or divisions ............ Error!
Bookmark not defined.
Table 8.4 Does the college offer an entrepreneurial mentoring program? Broken out by
main area of business activity ........................................................... Error! Bookmark not defined.
If the college has an entrepreneurial mentoring program briefly explain its development.
....................................................................................................................... Error! Bookmark not defined.
What kind of metrics does the college use to assess its entrepreneurial development plans?
....................................................................................................................... Error! Bookmark not defined.
Table 9.1 For the last company spun off by your college what percentage of overall equity
in this company did the college maintain? ................................... Error! Bookmark not defined.
Table 9.2 For the last company spun off by your college what percentage of overall equity
in this company did the college maintain? Broken out for public and private colleges . Error!
Bookmark not defined.
Table 9.3 For the last company spun off by your college what percentage of overall equity
in this company did the college maintain? Broken out by those reporting all institutional
data vs. data for particular schools or divisions ........................ Error! Bookmark not defined.
Table 9.4 For the last company spun off by your college what percentage of overall equity
in this company did the college maintain? Broken out by main area of business activity
....................................................................................................................... Error! Bookmark not defined.
Table 10.1 In general, as an average, about what percentage of equity in spun off companies
does the college maintain? ................................................................. Error! Bookmark not defined.
Table 10.2 In general, as an average, about what percentage of equity in spun off companies
does the college maintain? Broken out for public and private colleges ....... Error! Bookmark
not defined.
Table 10.3 In general, as an average, about what percentage of equity in spun off companies
does the college maintain? Broken out by those reporting all institutional data vs. data for
particular schools or divisions .......................................................... Error! Bookmark not defined.
Table 10.4 In general, as an average, about what percentage of equity in spun off companies
does the college maintain? Broken out by main area of business activity .. Error! Bookmark
not defined.
Table 11.1 In general, as an average, and when the licensing of your institution's technology
is involved, what percentage of revenues derived by the start up from the licensed
technology accrue to the college? .................................................... Error! Bookmark not defined.
Table 11.2 In general, as an average, and when the licensing of your institution's technology
is involved, what percentage of revenues derived by the start up from the licensed
technology accrue to the college? Broken out for public and private colleges .................. Error!
Bookmark not defined.
Table 11.3 In general, as an average, and when the licensing of your institution's technology
is involved, what percentage of revenues derived by the start up from the licensed
technology accrue to the college? Broken out by those reporting all institutional data vs.
data for particular schools or divisions ......................................... Error! Bookmark not defined.
Table 11.4 In general, as an average, and when the licensing of your institution's technology
is involved, what percentage of revenues derived by the start up from the licensed
technology accrue to the college? Broken out by main area of business activity ............. Error!
Bookmark not defined.
Table 12.1 Over the past year what has been the approximate aggregate revenues (in $)
derived by the college from profits from its equity stake in spin offs (including capital gains
and sales of equity) and licensing revenue from these spin-off? ........... Error! Bookmark not
defined.
Table 12.2 Over the past year what has been the approximate aggregate revenues (in $)
derived by the college from profits from its equity stake in spin offs (including capital gains
and sales of equity) and licensing revenue from these spin-off? Broken out for public and
private colleges ....................................................................................... Error! Bookmark not defined.
Table 12.3 Over the past year what has been the approximate aggregate revenues (in $)
derived by the college from profits from its equity stake in spin offs (including capital gains
and sales of equity) and licensing revenue from these spin-off? Broken out by those
reporting all institutional data vs. data for particular schools or divisions Error! Bookmark
not defined.
Table 12.4 Over the past year what has been the approximate aggregate revenues (in $)
derived by the college from profits from its equity stake in spin offs (including capital gains
and sales of equity) and licensing revenue from these spin-off? Broken out by Main area of
business activity ..................................................................................... Error! Bookmark not defined.
What is the general trend at your college with respect to safeguarding college interests in
newly spun off companies? Does your college favor equity retention, royalty payments or
other devices to safeguard college interest? ............................... Error! Bookmark not defined.
Colleges that maintain too much of an interest in spun off companies may discourage the
formation of such companies by reducing incentives for faculty, students and others to
form them. How has your college dealt with this issue? ....... Error! Bookmark not defined.
Does the college (or your school or division or both) have a fund or funds to finance startups? If so, how was this fund developed? .................................... Error! Bookmark not defined.
Table 13.1 Has your college received donations for a fund or endowment of any kind to
provide start-up funds or seed money for college spin off companies or other
entrepreneurial efforts? ...................................................................... Error! Bookmark not defined.
Table 13.2 Has your college received donations for a fund or endowment of any kind to
provide start-up funds or seed money for college spin off companies or other
entrepreneurial efforts? Broken out for public and private colleges ... Error! Bookmark not
defined.
Table 13.3 Has your college received donations for a fund or endowment of any kind to
provide start-up funds or seed money for college spin off companies or other
entrepreneurial efforts? Broken out by those reporting all institutional data vs. data for
particular schools or divisions .......................................................... Error! Bookmark not defined.
Table 13.4 Has your college received donations for a fund or endowment of any kind to
provide start-up funds or seed money for college spin off companies or other
entrepreneurial efforts? Broken out by main area of business activity ....... Error! Bookmark
not defined.
If so what it the size of this fund? What role did the college advancement of fundraising
office play in developing the fund? Do you expect further gifts or investments to increase
this fund or add new ones? ................................................................ Error! Bookmark not defined.
Over the past year how much have venture capitalists, angel investors, or other financing
sources invested in companies which were started by the college and its partners within
the past two years? ................................................................................ Error! Bookmark not defined.
Table 14 On average, what percentage of the funding for your institution's spin offs come
from the following sources?............................................................... Error! Bookmark not defined.
Table 14.1.1 On average, what percentage of the funding for your institution's spin offs
come from The College or University itself or its research foundation? . Error! Bookmark
not defined.
Table 14.1.2 On average, what percentage of the funding for your institution's spin offs
come from The College or University itself or its research foundation? Broken out for
public and private colleges ............................................................ Error! Bookmark not defined.
Table 14.1.3 On average, what percentage of the funding for your institution's spin offs
come from The College or University itself or its research foundation? Broken out by
those reporting all institutional data vs. data for particular schools or divisions ....... Error!
Bookmark not defined.
Table 14.1.4 On average, what percentage of the funding for your institution's spin offs
come from The College or University itself or its research foundation? Broken out by
Main area of business activity ...................................................... Error! Bookmark not defined.
Table 14.2.1 On average, what percentage of the funding for your institution's spin offs
come from Faculty or Students? .................................................. Error! Bookmark not defined.
Table 14.2.2 On average, what percentage of the funding for your institution's spin offs
come from Faculty or Students? Broken out for public and private colleges ................ Error!
Bookmark not defined.
Table 14.2.3 On average, what percentage of the funding for your institution's spin offs
come from Faculty or Students? Broken out by those reporting all institutional data vs.
data for particular schools or divisions .................................... Error! Bookmark not defined.
Table 14.2.4 On average, what percentage of the funding for your institution's spin offs
come from Faculty or Students? Broken out by main area of business activity ........... Error!
Bookmark not defined.
Table 14.3.1 On average, what percentage of the funding for your institution's spin offs
come from Non-College Government Sources? ..................... Error! Bookmark not defined.
Table 14.3.2 On average, what percentage of the funding for your institution's spin offs
come from Non-College Government Sources? Broken out for public and private colleges
.................................................................................................................. Error! Bookmark not defined.
Table 14.3.3 On average, what percentage of the funding for your institution's spin offs
come from Non-College Government Sources? Broken out by those reporting all
institutional data vs. data for particular schools or divisions............. Error! Bookmark not
defined.
Table 14.3.4 On average, what percentage of the funding for your institution's spin offs
come from Non-College Government Sources? Broken out by Main area of business
activity ................................................................................................... Error! Bookmark not defined.
Table 14.4.1 On average, what percentage of the funding for your institution's spin offs
come from Venture Capital or Individual Investors? .......... Error! Bookmark not defined.
Table 14.4.2 On average, what percentage of the funding for your institution's spin offs
come from Venture Capital or Individual Investors? Broken out for public and private
colleges .................................................................................................. Error! Bookmark not defined.
Table 14.4.3 On average, what percentage of the funding for your institution's spin offs
come from Venture Capital or Individual Investors? Broken out by those reporting all
institutional data vs. data for particular schools or divisions............. Error! Bookmark not
defined.
Table 14.4.4 On average, what percentage of the funding for your institution's spin offs
come from Venture Capital or Individual Investors? Broken out by main area of business
activity ................................................................................................... Error! Bookmark not defined.
To what degree has the college offered equity to faculty members or others (including
those who may not have been involved in the initial development of the technology leading
to the new company) as a way to reduce costs and broaden the skill base in new spinoffs
and start-ups? .......................................................................................... Error! Bookmark not defined.
Table 15.1 As an average, what percentage of total equity in spinoffs from your institution,
is sold, granted or otherwise controlled by actors who are not directly affiliated with your
institution, one year after the initial establishment of the spinoff? ...... Error! Bookmark not
defined.
Table 15.2 As an average, what percentage of total equity in spinoffs from your institution,
is sold, granted or otherwise controlled by actors who are not directly affiliated with your
institution, one year after the initial establishment of the spinoff? Broken out for public and
private colleges ....................................................................................... Error! Bookmark not defined.
Table 15.3 As an average, what percentage of total equity in spinoffs from your institution,
is sold, granted or otherwise controlled by actors who are not directly affiliated with your
institution, one year after the initial establishment of the spinoff? Broken out by those
reporting all institutional data vs. data for particular schools or divisions Error! Bookmark
not defined.
Table 15.4 As an average, what percentage of total equity in spinoffs from your institution,
is sold, granted or otherwise controlled by actors who are not directly affiliated with your
institution, one year after the initial establishment of the spinoff? Broken out by main area
of business activity ................................................................................ Error! Bookmark not defined.
Table 16.1 Which phrase best describes your institution's current attitude towards
spinoffs? ..................................................................................................... Error! Bookmark not defined.
Table 16.2 Which phrase best describes your institution's current attitude towards
spinoffs? Broken out for public and private colleges ............... Error! Bookmark not defined.
Table 16.3 Which phrase best describes your institution's current attitude towards
spinoffs? Broken out by those reporting all institutional data vs. data for particular schools
or divisions ............................................................................................... Error! Bookmark not defined.
Table 16.4 Which phrase best describes your institution's current attitude towards
spinoffs? Broken out by main area of business activity .......... Error! Bookmark not defined.
Describe the decision making process at your institution regarding whether to exploit a
new technology through direct licensing to a third party (other than the college of the
faculty and students involved in the technology) or through the development of a spin-off
company. ................................................................................................... Error! Bookmark not defined.
Table 17.1 Has your institution ever developed a company in conjunction with another
college or university? ........................................................................... Error! Bookmark not defined.
Table 17.2 Has your institution ever developed a company in conjunction with another
college or university? Broken out for public and private colleges ........ Error! Bookmark not
defined.
Table 17.3 Has your institution ever developed a company in conjunction with another
college or university? Broken out by those reporting all institutional data vs. data for
particular schools or divisions .......................................................... Error! Bookmark not defined.
Table 17.4 Has your institution ever developed a company in conjunction with another
college or university? Broken out by main area of business activity ... Error! Bookmark not
defined.
If so how often have you done this and in general what has been your experience? ..... Error!
Bookmark not defined.
THE QUESTIONNAIRE
Participant Information
1. Please enter your contact information
A. Name:
B. Organization:
C. Work Title:
D. Country:
E. Email Address:
F. Phone Number:
2. You will be giving data for:
A.
B.
C.
D.
Entire College
Schools or Departments such as Medicine or Engineering
School or Department of Business
Other (please specify)
3. Main area of business activity
A.
B.
C.
D.
Biology & Healthcare
Engineering
Software/Information
No start-ups
4. Your office serves:
A. A specialized unit or college such as a medical school or engineering college
B. A major research university
C. A college or university with that is not a major research university
5. To the best of your knowledge how many company spin offs or startup based on
patents, copyrights, trade secrets or other intellectual property developed at least in
part at your institution (or school or division if that is the case) were established in
each of the following years:
A. 2012
B. 2013
C. 2014
Role of Particular Departments
6. Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or
faculty at your college's school of business? (If you are giving data for an
engineering school then this would mean how many were started in conjunction
with students or faculty at the business school).
7. Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or
faculty at your college's school of engineering?
8. Approximately what percentage of the start-ups or spin offs started with the
assistance of your college over the past three years have involved students or
faculty at your college's schools of medicine, nursing or allied health?
9. What percentage of the companies spun off or funded by the college are largely
controlled by each of the following:
A.
B.
C.
D.
Professors or Administrators of the College
College Alumni
Students (including graduate students)
Other
Subsidized Office Space
10. What percentage of spinoffs or start-ups received free or subsidized office or
production space from the college?
11. When free or subsidized office or production space is provided, please furnish a few
typical examples.
Mentoring
12. Does the college offer an entrepreneurial mentoring program?
A. Yes
B. No
13. If the college has an entrepreneurial mentoring program briefly explain its
development.
Evaluation
14. What kind of metrics does the college use to assess its entrepreneurial development
plans?
Equity Retention and Licensing Revenues
15. For the last company spun off by your college what percentage of overall equity in
this company did the college maintain?
16. In general, as an average, about what percentage of equity in spun off companies
does the college maintain?
17. In general, as an average, and when the licensing of your institution's technology is
involved, what percentage of revenues derived by the start up from the licensed
technology accrue to the college?
Financial Benefits to the College
18. Over the past year what has been the approximate aggregate revenues derived by
the college from profits from its equity stake in spin offs (including capital gains and
sales of equity) and licensing revenue from these spinoff?
19. What is the general trend at your college with respect to safeguarding college
interests in newly spun off companies? Does your college favor equity retention,
royalty payments or other devices to safeguard college interest?
20. Colleges that maintain too much of an interest in spun off companies may
discourage the formation of such companies by reducing incentives for faculty,
students and others to form them. How has your college dealt with this issue?
Start Up Funds or Endowments
21. Does the college (or your school or division or both) have a fund or funds to finance
start-ups? If so, how was this fund developed?
22. Has your college received donations for a fund or endowment of any kind to provide
start-up funds or seed money for college spin off companies or other
entrepreneurial efforts?
A. Yes
B. No
23. If so what it the size of this fund? What role did the college advancement of
fundraising office play in developing the fund? Do you expect further gifts or
investments to increase this fund or add new ones?
24. Over the past year how much have venture capitalists, angel investors, or other
financing sources invested in companies which were started by the college and its
partners within the past two years?
25. On average, what percentage of the funding for your institution's spin offs come
from the following sources?
A.
B.
C.
D.
E.
The College or University itself or its research foundation
Faculty or Students
Non-College Government Sources
Venture Capital or Individual Investors
Other
Equity Distribution
26. To what degree has the college offered equity to faculty members or others
(including those who may not have been involved in the initial development of the
technology leading to the new company) as a way to reduce costs and broaden the
skill base in new spinoffs and startups?
27. As an average, what percentage of total equity in spinoffs from your institution, is
sold, granted or otherwise controlled by actors who are not directly affiliated with
your institution, one year after the initial establishment of the spinoff?
Spinoffs vs Licensing
28. Which phrase best describes your institution's current attitude towards spinoffs?
A. We have not had too much success with spinoffs and greatly prefer licensing
B. Generally we look to sell of license technologies to established players first and
failing that we look to spinoffs
C. Spinoffs are becoming more important to us but still are a secondary channel
D. Spinoffs are becoming more important to us and may supplant technology
licensing as a source of income and prestige for us
29. Describe the decision making process at your institution regarding whether to
exploit a new technology through direct licensing to a third party (other than the
college of the faculty and students involved in the technology) or through the
development of a spin-off company.
Cooperation with Other Colleges
30. Has your institution ever developed a company in conjunction with another college
or university?
A. Yes
B. No
31. If so how often have you done this and in general what has been your experience?
PARTICIPANTS LIST
Boise State University
Bowling Green State University
Century College
Gateway Technical College
Institute for Creative and Cultural Entrepreneurship, Goldsmiths,
University of London
Kellogg School of Management at Northwestern University
London South Bank University
Mississippi State University, Center for Entrepreneurship &
Innovation
Northern Va. Community College
Rochester Institute of Technology
South College School of Pharmacy
Southern NH University
State University of New York - Oswego
University of North Carolina Chapel Hill
University of Iowa Research Foundation
University of Missouri-Kansas City
Université du Québec à Montréal
Utah Valley University
Vanderbilt University
Washington University
Woodbury School of Business