VENTURE CAPITAL ORGANIZATION AS A “GUARANTEE” FOR THE COLLABORATION BETWEEN SMES AND UNIVERSITIES DESPITE ECONOMIC CRISIS

Ioannis Makedos ()
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Ioannis Makedos: University of Macedonia

Romanian Economic Business Review, 2014, vol. 9, issue 3, 10-26

Abstract: The aim of this working paper is to present the valuable role of Venture Capital Organization which can be a “guarantee” for the collaboration between Small and Medium Enterprises (SMEs) and Universities. In case SMEs want to absorb university know-how so as to implement it in the real market with the aim to be self-sponsored, a Venture Capital Organization is absolutely necessary,given that the business and academic site have many different features, and as a result, serious problems arise many times in their collaboration. A questionnaire has been made and through personal interviews with businessmen and professorsresearchers we may now present the data from 150 answered (108 from businessmen and 42 from professors-researchers). The main conclusion is that an organization Venture Capital is considered innovative and indispensable so as the collaboration between SMEs and Universities continues through the time without any problems.

Keywords: SMEs; University Research; Venture Capital; economic crisis (search for similar items in EconPapers)
Date: 2014
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