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18 November 2013

Universities incubating the future

Universities, such as MIT, Cornell, and Harvard Business School, have been recruiting entrepreneurs in residence (EIRs) in advisory roles to help students and faculty commericalise and have the greatest impact with their ideas.

Author: James Mawson

Entrepreneurs in Residence (EIRs) are finding homes in academia, according to research by news provider CIO magazine, as universities become more focused on helping incubate ideas into businesses.

Universities, such as MITCornell, and Harvard Business School, have been recruiting entrepreneurs in residence (EIRs) in advisory roles to help students and faculty commericalise and have the greatest impact with their ideas.

The spread of EIRs into academia follows their use by venture capital firms and also in corporations, including computer maker Dell's Ingrid Vanderveldt (pictured) and Craig Walker at search engine provider Google’s corporate venturing unit. These EIRs are also spreading into government agencies with Texas recently passing Senate Bill 238, which authorizes the US state to hire an EIR, while the US Citizenship and Immigration Services (USCIS) created an EIR programme last year.

As Vanderveldt told CIO magazine: "A select group of EIRs would be placed in key departments for a couple of years at a time. Reporting to agency heads, these innovators would advise on efforts to make operations more efficient and responsive, while exposing federal officials to new ideas... Entrepreneurs could help with pinpointing any duplicative procedures for obtaining a business license and improving how to inform someone starting out a business about environmental or labour regulations and would be able to provide an outside perspective to government agencies as to how they might be able to take a more innovative, or entrepreneurial, approach to solve top problems."

Universities are also working on their incubators, with research providers UBI in the summer releasing its global top 25. 

University Business Incubators 2013

#

Incubator

University

Country

1

Rice Alliance for Technology and Entrepreneurship

Rice University

United States

2

VentureLab

Georgia Institute of Technology

United States

3

UB Technology Incubator

University at Buffalo State University of New York

United States

4

NDRC

Dublin City University; Dun Laoghaire Institute of Art, Design and Technology; National College of Art & Design; Trinity College Dublin; University College Dublin

Ireland (Republic)

4

SETsquared

Bath, Bristol, Exeter, Southampton, Surrey

United Kingdom

4

Innovation Centre Sunshine Coast

University of the Sunshine Coast

Australia

4

Tech 20/20

University of Tennessee

United States

4

ATP Innovations

University of Sydney; University of New South Wales; University of Technology, Sydney; Australian National University

Australia

4

STING

KTH Royal Institute of Technology

Sweden

10

NCTU Innovation Incubation Center

National Chiao Tung University

Taiwan

11

Youngstown Business Incubator

Youngstown State University
(not officially but works closely)

United States

11

I3P

Politecnico di Torino

Italy

11

Vermont Center for Emerging Technologies

University of Vermont and 9 others

United States

11

Jon Brumley Texas Venture Labs

University of Texas at Austin

United States

15

Startup Sauna

Aalto University

Finland

16

InNOLEvation Accelerator

Florida State University

United States

17

TEC Edmonton

University of Alberta

Canada

17

ASU Venture Catalyst

Arizona State University

United States

19

Oxford Entrepreneurs Incubation Centre

Oxford Entrepreneurs; Oxford University

United Kingdom

19

Mason Enterprise Center

George Mason University

United States

19

NYU-Poly Incubator

Polytechnic Institute of NYU

United States

19

profund – Die Gründungsförderung der Freien Universität Berlin

Freie Universität Berlin

United States

23

Sid Martin Biotechnology Incubator

University of Florida

United States

23

Advanced Science and Commercialization Center

University of Kentucky

United States

25

Incubateur HEC

HEC Paris

France

25

StarTau

Tel Aviv University

Israel

25

Flagship Enterprise Center

Anderson University

United States

25

Digital Media Zone

Ryerson University

Canada

Source: UBI

Copyright Mawsonia Limited 2010. Please don´t cut articles from www.globaluniversityventuring.com or the PDF and redistribute by email or post to the web without written permission.

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