Academic entrepreneurship: promise and perils
William N Hait1, Michal Preminger2
1Johnson & Johnson Innovation, East North America, Johnson & Johnson Innovation, LLC. Boston, 410 Geroge Street, New Brunswick, NJ 08901, USA; Current address: 48 Roper Road, Princeton, NJ 08540, USA.
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As academic institutions strive to meet financial demands, a tantalizing opportunity posits that faculty have untapped treasures emanating from laboratories or astute clinical observations awaiting commercialization. 'If only this alchemy could be turned into gold', administrators muse. Understanding the complexities of academic entrepreneurship should provide words of caution and encouragement.
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