An Argument for Startup Universities
An Argument for Startup Universities Africa Unchained Matt Welsh writing in Volatile and Decentralized: What I'd like to see is a university with a startup incubator attached to it, taking all of the best ideas and turning them into companies , with a large chunk of the money from successful companies feeding back into the university to fund the next round of great ideas. This could be a perpetual motion machine to drive research . Some universities have experimented with an incubator model , but I'm not aware of any cases where this resulted in a string of successful startups that funded the next round of research projects at that university. Typically, when a startup spins off, the university gets a tiny slice of the pie, and the venture capitalists -- who fill the much-needed funding gap -- reap most of the benefits. But why not close the air gap between the research lab and the startup ? Allow the faculty to stay involved in their offspring companie...