Study on characteristics of technology transfer in venture business

Explores the characteristics of venture business and entrepreneurs, identifies technology transfer activities in venture, and analyzes the differences between technology transfer in linear and non-linear venture businesses in order to guide more effective future venture business policies and strategies. An empirical assessment reveals that entrepreneurs have accurate evaluations and realistic expectations about their resources and capacities, as well as about the functions and features of science parks and incubators. Linear model-based start-ups show higher education levels, more basic technology innovation, later start-up age and more R&D-oriented prior jobs and experiences than nonlinear-based start-ups do. In contrast to expectations, the functions and features of science parks and incubators were not significantly influences on start-ups, nor did they contribute to the growth of venture businesses. Therefore, more effective venture nurturing strategies are needed for the further vitalization of venture businesses.