University ventures as such usually have much more difficulty in financing than ordinary start-ups: (i) because there are few who have the sort of “keen eye” necessary to understand and assess their business due to their advanced, tate-of-art research and development; (ii) because it generally takes longer to complete R&D for commercialization as they try to put achievements of cutting-edge research to practical use; and (iii) because, in part as a result of the disadvantages mentioned above, risks of their business are more difficult to assess, which leads to fewer venture capitalists that are willing invest in university ventures and to limited, smaller scale of investments for those that do.発音を聞く 例文帳に追加

そのような大学発ベンチャーは、(ⅰ)研究開発内容が非常に先端的かつ高度であるため、その事業価値を理解・評価できる「目利き」が少ない、(ⅱ)先端的な研究開発成果の事業化であるため、概して長時間の実用化研究開発を要する、(ⅲ)上記のような点もあいまって、事業のリスク評価が難しく、投資を行うベンチャーキャピタル等も少なく投資額も小規模にとどまっている、という点があることから、資金調達が通常のベンチャー企業よりも更に難しい場合が多い。 - 経済産業省