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Venture Capital Organization As A “Guarantee” For The Collaboration Between Smes And Universities Despite Economic Crisis

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  • Ioannis Makedos

    (University of Macedonia)

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.

Suggested Citation

  • Ioannis Makedos, 2014. "Venture Capital Organization As A “Guarantee” For The Collaboration Between Smes And Universities Despite Economic Crisis," Romanian Economic Business Review, Romanian-American University, vol. 9(3), pages 10-26, September.
    • Handle: RePEc:rau:journl:v:9:y:2014:i:3:p:10-26
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    References listed on IDEAS

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