There is a significant movement at research universities to catalyze faculty and graduate student involvement in the commercialization of university-based discovery, an activity often referred to as “academic entrepreneurship.” This is driven by the desire of universities and government entities to transform huge investments being made in basic research, into products and technologies that benefit society. While awareness of technology commercialization and entrepreneurship has grown, and to some degree it has been legitimized as an academic activity, relatively few engineers and scientists are motivated to become involved. Many individual and contextual factors are believed to influence these decisions. The purpose of this paper is to provide an overview of the literature around the motivations, beliefs, goals, needs, values, and barriers driving researchers’ decisions to engage in academic entrepreneurship.
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