ABSTRACT

StartX physically is a very long table in a large room on the first floor of the AOL building in the Stanford Research Park. The success of StartX demonstrated the scale of Stanford's entrepreneurship gap by increasing the rate of attributed firm formation from a global high of 7 per annum in 2009 to more than 30 just two years later. There was an attempt to shut down StartX on the grounds that it was taking students away from traditional academic work as well as superseding the now traditional US model of at least maintaining a facade of arms length transfer. Indeed, Stanford administrators with responsibility for technology transfer believe that its unique location and the opportunities it offers, makes it unnecessary for the university to take more explicit steps, commonplace at other universities, such as the provision of an incubator facility.