Establishing University venture capital fund: The case of Hanoi University of Science and Technology

In this paper we discuss how can one university in Vietnam - Hanoi University of Science and Technology (HUST) - establish an innovative start-up investment fund (the BK Fund). Theoretical and practical studies on setting up University venture capital funds will be necessary for HUST to overcome the legal barriers, financial resources difficulties and other constrains during the fund’s establishment and implementation process.