How easy is it for faculty members working at a reputable university to become entrepreneurs?
If the faculty member sees an opportunity for a great product and wants to set up a small office with a few engineers working with one or two students, will the university sponsor such a venture?
How enthusiastic or forthcoming will the industry and VCs in general be towards this?
Lastly, how common are such professor-run companies for, say engineering faculty in top US schools?
I think the main issue is that a lot of entrepreneural mindset is eliminated from faculty, but if the faculty has the right mindset there is no limitation to a venture, especially if the faculty has tenure.