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COTEC's Technology Commercialization Accelerator (Act®)

COTEC's Technology Commercialization Accelerator (Act®)

Pedro M. Vilarinho
ISBN13: 9781466684874|ISBN10: 1466684879|EISBN13: 9781466684881
DOI: 10.4018/978-1-4666-8487-4.ch009
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MLA

Vilarinho, Pedro M. "COTEC's Technology Commercialization Accelerator (Act®)." Competitive Strategies for Academic Entrepreneurship: Commercialization of Research-Based Products, edited by Anna Szopa, et al., IGI Global, 2015, pp. 188-209. https://doi.org/10.4018/978-1-4666-8487-4.ch009

APA

Vilarinho, P. M. (2015). COTEC's Technology Commercialization Accelerator (Act®). In A. Szopa, W. Karwowski, & D. Barbe (Eds.), Competitive Strategies for Academic Entrepreneurship: Commercialization of Research-Based Products (pp. 188-209). IGI Global. https://doi.org/10.4018/978-1-4666-8487-4.ch009

Chicago

Vilarinho, Pedro M. "COTEC's Technology Commercialization Accelerator (Act®)." In Competitive Strategies for Academic Entrepreneurship: Commercialization of Research-Based Products, edited by Anna Szopa, Waldemar Karwowski, and David Barbe, 188-209. Hershey, PA: IGI Global, 2015. https://doi.org/10.4018/978-1-4666-8487-4.ch009

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Abstract

This chapter describes, from a practitioner's perspective, COTEC's Technology Commercialization Accelerator (Act®) - a nationwide venture engine that aims at creating social and economic value from the knowledge generated by researchers, by supporting them in the creation of high-tech / high-growth ventures. To contextualize the environment in which Act® was created and operates, a set of statistical data that is relevant to characterize the Portuguese knowledge creation and deployment landscape is provided early in the chapter. Then, the different stages of the unique technology valorisation process employed by Act® are detailed. The main figures regarding Act's achievements, since it was created in 2004, will then be provided, together with a short description of some of the start-ups created with Act® support. Finally, the lessons learned throughout Act's development and an overview of the challenges that will frame its future development are provided.

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