The role of academic entrepreneurs and spin-off companies in the process of technology transfer and commercialisation in South Africa : a case of a university of technology

Abstract

Universities have long been recognised as sources of knowledge creation, innovation and technological advancements. Interest in academic entrepreneurship and the establishment of university spin-off companies has grown in South Africa over the past 10 years. South Africa’s national research and development strategy argues that economic growth and wealth generation are founded on innovation. The area of university entrepreneurial behaviour and technology commercialisation has attracted much research attention in recent years especially as more innovative solutions are sought for the world’s ever growing socioeconomic challenges. In view of this, the South African government has made considerable and various efforts to promote the creation and commercialisation of research output in the university context. Against the aforementioned, this study seeks to understand the position of the Cape Peninsula University of Technology (CPUT) as a university of technology in terms of commercialisation and technology creation since the 2005 merger. More specifically, the study seeks to understand the dynamics surrounding the creation and transfer of technology in South Africa, using CPUT as a case study.