New Book Explains Why And How Universities Incubate CompaniesJuly 23, 2001Contact:
Meredith Erlewine Director of Publications (740) 593-4331 merlewine@nbia.org fax (740) 593-1996 A new book from the National Business Incubation
Association (NBIA) gives readers a close-up look at why and how
universities use business incubation to commercialize technologies
and launch successful businesses.
Technology Commercialization
Through New Company Formation: Why U.S. Universities Are Incubating
Companies, by Nanette Kalis,
is the first book to offer in-depth insight into how universities
develop and operate high-performing business incubation programs.
Business incubation is a proven model for catalyzing the process
of starting and growing companies by providing entrepreneurs with
the expertise, networks and tools they need to make their ventures
successful.
In the university setting, business
incubation can provide the ideal framework for technology commercialization
— the process of transforming research concepts into commercial
products or services. Building companies around those products
and services promotes universities' primary missions of education,
research and service by engaging students and faculty researchers
in true learning lab environments as well as contributing to community
economic development. Ultimately, university-sprung companies
may bring their institutions publicity, prestige and income.
"The value of technology commercialization
through new company formation has been substantiated since university
business incubation took off in the early 1980s," says Dinah
Adkins, NBIA president and CEO. "This book provides
information that universities can use to develop business incubation
programs or expand the roles of their existing incubators in their
institutions and communities."
Technology Commercialization Through New Company
Formation examines top university incubation programs and describes
some of the types of deals university incubators strike with their
start-ups. The book also documents the impact university incubators
have on their campuses and communities, and presents case studies
of thriving companies that became successful via university incubation
programs.
Author Nanette Kalis is a freelance writer
and editor based in Athens, Ohio, who has worked in the fields
of business and science. NBIA is the world's leading organization
advancing business incubation and entrepreneurship. It provides
thousands of professionals with the information, education, advocacy
and networking resources to bring excellence to the process of
assisting early-stage companies.
This book was made possible in part
by generous support from the U.S. Department of Commerce Technology
Administration. For information or to order
Technology Commercialization Through New Company Formation,
contact NBIA, 20 E. Circle Drive, #37198, Athens, Ohio 45701;
telephone (740) 593-4331; fax (740) 593-1996; or visit NBIA's
online bookstore, www.nbia.org/bookstore
to place secure orders. Price is $38 for NBIA members and $42
for nonmembers. Media representatives can contact Mary
Ann Gulino for review copies at mgulino@nbia.org.
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