University Spinoffs and the New Venture Creation Process. A Case Study of Lund University Spinoff Model

Sammanfattning: University spinoffs play a significant role in transferring knowledge to society. This research explores and evaluates the creation of a university spinoff within Lund University setting by applying Bhave’s new venture creation process with an aim of revealing aspects that lead to spinoff creation that can be related to this specific model. The study reveals that the evolution of university based ventures does follow the three main stages in the venture creation process theory but also reveals unique elements not accounted for in the original process model.