How to Control University Subsidiaries – the Management Approach of Graz University of Technology (pp. 143-151)

Ulrich Bauer, Heimo Theuretzbacher-Fritz
Universities are forced to exploit their research results and Intellectual Property Rights (IPRs). This means, that universities have to participate in spin-offs and research enterprises and also to manage them professionally. This leads to the question, how specific management tools can help to make university spin-offs and research subsidiaries successful and sustainable. This article introduces a theoretical framework which is adopted to universities spin-offs and competence centres and shows exemplary the implementation and management approach of Graz University of Technology.