Several well-known research institutions globally support entrepreneurship, including:
1. Massachusetts Institute of Technology (MIT): Known for its strong focus on innovation and technology, MIT has numerous initiatives, such as the MIT Media Lab and the Martin Trust Center for MIT Entrepreneurship, aimed at fostering entrepreneurship.
2. Stanford University: With its close ties to Silicon Valley, Stanford University is a hub for entrepreneurial activity. The Stanford Technology Ventures Program (STVP) and the Stanford Graduate School of Business are key contributors to entrepreneurial research and education.
3. Fraunhofer Society: Based in Germany, the Fraunhofer Society is one of the largest research organizations in Europe. It focuses on applied research and works closely with industry partners to bring innovations to market.
4. National Institutes of Health (NIH): In the United States, the NIH provides funding and support for biomedical research, encouraging the commercialization of medical innovations through its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.