Startups vs tech transfers: a fair comparison

The purpose of this paper is to provide guidance in selecting an appropriate approach for idea development based on individual needs. While start-up companies may experience disordered and slow development processes, potential benefits may outweigh the efforts if the start-up is successful. In contrast, tech transfer programs can allow for a more focused approach to tech development by providing access to marketing and management experts. The study will utilize metrics that reflect business success rates, the impact of external factors, and risk management. Results of the study demonstrate varying outcomes for individuals with diverse interests and objectives. Overall, the findings suggest that a tech transfer program may be a more favorable option for most individuals due to its relatively lower risk.