How to Control University Subsidiaries – the Management Approach of Graz University of Technology
DOI
Published 2015-12-30
Keywords
- competence centres,
- management control system,
- university spin-offs,
- university’s subsidiary management
Copyright (c) 2023 International Journal of Industrial Engineering and Management
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
Universities are forced to exploit their research results and Intellectual Property Rights (IPRs). This means, that universities have to participate in spin-offs and research enterprises and also to manage them professionally. This leads to the question, how specific management tools can help to make university spin-offs and research subsidiaries successful and sustainable. This article introduces a theoretical framework which is adopted to universities spin-offs and competence centres and shows exemplary the implementation and management approach of Graz University of Technology.
Article history: Received (14.12.2015); Revised (28.12.2015); Accepted (29.12.2015)