Previously Sloan used to have to screen the technology themselves via patents, etc. It was obvious there was a need for his technology and there was a market. Nevertheless, one of the co-inventors decided not to pursue entrepreneurship, and remained in the academic environment. Steven Goldstein, Prof. Mech. He started Matrigen, then merged and became Selective Genetics and has now moved out of state.
Closure Conflict Refers to the various pulls that a U researcher feels re.
Same for commitment to venture vs. U and loyalty conflicts with respect to the venture vs. University Connections Likely that a faculty member may be more well-connected to the major players active in current research. Control Faculty member needs to deal with losing exclusive or large share of control of the technology, due to the business nature of the company. Faculty members often have trouble with this. Do it all out in the open, so no criticism of conflict of interest. Also has to mention to potential funding partners that he has equity in company that could be a competitor.