@article{MAKHILLTSS2016113024201,
    title = {Risk Taking of University to Hold Equities in Technology Start-Ups},
    journal = {The Social Sciences},
    volume = {11},
    number = {30},
    pages = {7268-7273},
    year = {2016},
    issn = {1818-5800},
    doi = {sscience.2016.7268.7273},
    url = {https://makhillpublications.co/view-article.php?issn=1818-5800&doi=sscience.2016.7268.7273},
    author = {Umar Haiyat Abdul,Fazel Mohammadi,Wahab,Kamariah,Aniza and},
    keywords = {agency theory,risk,entrepreneurial orientation,Innovation,entrepreneurship,agency theory,entrepreneurial orientation,risk},
    abstract = {Technology start-ups are tend to be more successful in cases where their host university holds
equity as essential part of their polices in their start-ups. However, equity is not considered in many Malaysian
universities. The aim of this study is to highlight the reasons of their inclusion and exclusion in technology
start-ups of universities. Thematic analysis and theoretical replication is applied to process the interview and
secondary data collected. Finding shows that universities are doing risk diversification in order for them to
invest and hold equities in technology start-ups. An unexpected finding discovers university intentionally do
not want to take equity to avoid slow decision making that affect the start-ups. This study contributes to
university technology commercialization literature by proposing a framework to reduce risks in taking equity
in start-ups and revealing why some university chose not to take equity.}
    }