02050nas a2200193   4500008003900000022001400039245007200053210006900125260004200194300000900236490000600245520147700251653002101728653001201749653002501761653001501786100001901801856003601820       2011                          d  a1927-032100aFostering Student Entrepreneurship and University Spinoff Companies0 aFostering Student Entrepreneurship and University Spinoff Compan  aOttawabTalent First Networkc10/2011  a7-120 v13 aA student spinoff company strives to transform knowledge acquired by students into an income-generating business. This article outlines how a university can increase the number of spinoff companies created by its student entrepreneurs. 

Student spinoff companies are of interest to all forward-thinking universities, particularly those that support research and teaching programs in the field of entrepreneurship. The spinoff companies provide tangible evidence that students acquire viable entrepreneurial skills while studying at the university. In addition, student spinoff companies contribute to regional economic development, commercialize knowledge that otherwise would go undeveloped, help universities attain and expand their core missions, and increase the return on the investments in university R&D. 

University policies developed specifically for student spinoff companies significantly affect the growth potential of such ventures. This article provides a model and a set of principles that universities can use to support and increase the number of student entrepreneurs at their institutions. The model and principles are grounded in research findings and practical experience. In addition, the article suggests that universities adopt a results-based management approach to plan and deploy initiatives to support student entrepreneurs. The approach is widely used by government agencies interested in increasing the outcomes from their investments. 10aentrepreneurship10aspinoff10astudent entrepreneur10auniversity1 aBailetti, Tony  uhttp://timreview.ca/article/485