Abstract
Risk management for technology transfer is getting important for universities and researchers in accordance with appearance of legal cases in which issues are relating to liabilities of universities in university-industry collaboration projects. In this paper, we provide a method for separating business risks from universities by using legal entities having juridical personalities different from universities, taken the leading roles by universities or researchers, under constraint of human and expenditure resource. Specifically, we point out risks tended to be ignored in university-industry collaboration projects and indicate the criteria for selecting the form of legal entity to be used. Furthermore, a case study will be introduced which shows one method of legal entity establishment performed by Tokyo University of Marine Science and Technology.