IRISH BUSINESS funding for research and university technology transfer offices (TTOs) fails to give Irish start-up companies the support they need when they need it.
Instead, TTOs tend to take large chunks of company equity in exchange for funding, exactly when the companies are most vulnerable, or drown them in bureaucracy, according to UCD School of Business lecturer and researcher Dr Rory O’Shea.
But new models of operation could free up stale university intellectual property (IP), and rejuvenate how research is done and transferred into companies both inside and outside the university, to benefit society and the economy, he says.
To read the full, original article click on this link: Universities have a lot to learn about start-ups - The Irish Times - Fri, Jan 27, 2012
