Entrepreneurship, Leadership and Life by Sam Huleatt

Universities, Startups and Entrepreneurship

Student entrepreneurship and university-led incubating of startups are subjects I have covered before. Recently though I have jumped on several email lists for organizations dedicated to promoting university-level technology innovation and I hope to get more actively involved.

Here are some very cool stats I came across:

  • The 20-year returns for Early/Seed VCs is 20.6%, compared with 13.8% for Later Stage VCs and 8.2% for the S&P 500
  • 8% of all university startups go public, in comparison to a “going public rate” of only 0.07% for other U.S. enterprises – a 114x difference
  • Over 400 university startups are created nationally each year based on federally funded R&D examples include Google, Netscape, Genentech, Lycos, Sun Microsystems, Silicon Graphics, and Cisco
  • 68% of university startups created between 1980 to 2000 remained in business in 2001, while regular startups experienced a 90% failure rate during that same time period

One of the biggest problems I see with promoting innovation among students that university’s do a terrible job in branding available resources and programs. Most major universities with resources devoted to innovation brand themselves through two methods: ‘entrepreneurship’ which tends to be very academic with resources only available to students in particular programs, or branding through Technology Transfer a name and concept that means little to most students.

In coming posts, I hope to elaborate on how universities and colleges can more actively (and with better results) assist aspiring student entrepreneurs while simultaneously bolstering the school’s status and ultimately, endowment.

Also for those interested, there is a related conference coming up: University Startups 2007 – “Enabling Innovation”: A Transaction-focused Conference, October 3-5, 2007, Washington, D.C.

  • http://www.snooth.com Philip James

    You need an apples to apples comparison for this to work. Its unclear if its the university backing specifically, or other factors associated with those founders (university education, wealth etc.).

    Whats the percentage of companies going public, when founded by SIMILAR teams, just without the direct support of the institution?

  • royalsneakers

    Rumors have nike air max 1 been circulating for a while now regarding a 2010 release of the nike air max 2010 Air Jordan X (10) “Chicago,” but we have not seen any sort of confirmation in the form of catalog images or words from Jordan Brand representatives. nike air max 95 But today, we are extremely proud to present a nike air max 90 SneakerFiles exclusive confirmation that the Air Jordan nike air max nl X (10) will drop this month as a quickstrike release. Not just any Air Jordan 10, but rather the Chicago colorway with 45—the number Michael Jordan wore when he came back from retirement—on the ankle. This colorway of the AJ 10 is one of the most popular styles ever created, and will surely result in lines outside stores for days and may even cause riots. The Air Jordan X (10) “Chicago 45″ will release at only 150 sneaker stores across the United States with each retailer only receiving 23 pairs. Be sure to check out the additional photos and information after the jump!