Ruping K.
Challenges in University Ventures: Best Practices for New Technology Startups. In: Early Stage Venture Creation: New Prospects for Chemical Engineers. Cincinnati, OH: American Institute of Chemical Engineers; 2005.
AbstractUniversity technology ventures depend in large part on the promise and value of their technology and the skills of their team members in order to raise funding and enter a market. These core strategic assets, however, are often at risk in the early stages of development when there are limited funds and thin management resources. In this article the author identifies the common pitfalls in technology management among technology startups, and proposes a best practices strategy for this class of intangible property right holders. Based on a combination of interviews and surveys, the presentation focuses on a select group of university-sourced startups to identify the nature of their current t management. The author offers a possible strategic roadmap that takes university technology startups from the first inception of an innovation to an execution stage of raising venture funding, and on to eventual commercialization as a successful company with a defensible position in the marketplace.
Raab M, Jensen K, Johnson J, Ruping K, De la Vega H.
New Processing Traits for Plant-Based Production of Fuels and Chemicals. In: Developments in Biobased Alternative Fuels. Cincinnati, OH: American Institute of Chemical Engineers; 2005.
Abstractn/a
Von Zedtwitz M, Ruping K.
Real Options in Technology Incubators. In:
Morel-Guimaraes L, Hosni YA, Khalil TM Management of Technology: Key success factors for innovation and sustainable development . Amsterdam: Elsevier; 2005. p. 349-364 .
AbstractReal options theory has become an accepted tool in evaluating investment decisions in uncertain environments. The application of real options in R&D strategy has somewhat lagged behind their use in the financial sector. Our goal is to adapt real option theory for use in high-technology incubation, where the environment is highly uncertain and volatile. We focus on two risk management levels: the macro (strategic) level, i.e. the management of the entire incubation fund, and at the micro (operational) level, i.e. the management of individual startups. At the macro level, a risk-matrix is the central basis for real option decision making. At the micro level, incubation-specific determinants of day-to-day startup support require an adaptation of real options to high-tech innovation decisions.