CREATING AN INTERNATIONAL HIGH TECHNOLOGY INCUBATOR: THE CASE OF THE UCLA VENTURE DEVELOPMENT PROGRAM

Abstract

This paper describes the development and growth of a virtual, internationally based, high technology business incubator in Australia, Chile, Finland and the United States. The UCLA Venture Development Program (UCLA-VDP) is a global educational program and "knowledge network" of strategic partners. The UCLA-VDP serves as the technology business incubator at UCLA and operates internationally through its Global Access Program (GAP) utilizing its strategic partnerships with business and technology groups abroad. The objective of the Program is to create new businesses and wealth out of the technological research conducted at UCLA, other universities, and laboratories world-wide using the entrepreneurial talents and networks of the Anderson School at UCLA.