Study on Spin-off Business Model for the Exploitation of Intellectual Property at University in Vietnam

Promote the application of scientific research and technological development results to production and social life; The commercialization of scientific and technological products through the science and technology market is an effective method to exploit intellectual property at universities and research institutes. Spin-off is a popular business model in developed countries to deploy and commercialize scientific and technological research results. However, in Vietnam, this concept is not popular as well as the number of spin-off businesses is not much and does not work effectively. This article focuses on clarifying the shortcomings and difficulties in establishing spinoff businesses in universities, thereby proposing solutions to develop spin-off businesses to exploit assets intellect at universities in Vietnam