Authors : Wahab Azrin, Kamariah Ismail, Fazel Mohammadi Nodeh, Umar Haiyat Abdul Kohar, Aniza Othman and Wan Zaidi Wan Omar
Abstract: Technology start-ups are tend to be more successful in cases where their host university holds equity as essential part of their polices in their start-ups. However, equity is not considered in many Malaysian universities. The aim of this study is to highlight the reasons of their inclusion and exclusion in technology start-ups of universities. Thematic analysis and theoretical replication is applied to process the interview and secondary data collected. Finding shows that universities are doing risk diversification in order for them to invest and hold equities in technology start-ups. An unexpected finding discovers university intentionally do not want to take equity to avoid slow decision making that affect the start-ups. This study contributes to university technology commercialization literature by proposing a framework to reduce risks in taking equity in start-ups and revealing why some university chose not to take equity.
Wahab Azrin, Kamariah Ismail, Fazel Mohammadi Nodeh, Umar Haiyat Abdul Kohar, Aniza Othman and Wan Zaidi Wan Omar, 2016. Risk Taking of University to Hold Equities in Technology Start-Ups. The Social Sciences, 11: 7268-7273.