A stage model of academic spin-off creation

Ndonzuau, Frédéric Nlemvo; Pirnay, F; Surlemont, Bernard

doi:10.1016/s0166-4972(01)00019-0

Cited by 283 publications

(239 citation statements)

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“…A significant proportion of the literature focuses on the definition, characteristics and typology of USU (see Mustar et al 2006 and Criaco et al forthcoming for a survey), on their creation determinants (e.g. Ndonzuau et al 2002;Di Gregorio and Shane 2003;Link and Scott 2005;Lockett and Wright 2005;Fini et al 2009) or on the links between USU and the parent university or other networks (e.g. Nicolaou and Birley 2003;Wright et al 2008).…”

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confidence: 99%

“To have and have not”: founders’ human capital and university start-up survival

et al. 2013

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This is an accepted version of a paper published in Journal of Technology Transfer. This paper has been peer-reviewed but does not include the final publisher proof-corrections or journal pagination.Citation for the published paper: Criaco, G., Minola, T., Migliorini, P., Serarols-Tarrés, C. AbstractIn order to preserve innovation, knowledge development and diffusion, as well as the transfer of new technologies, the emergence of University Start-Ups (USU) and their survival as a particular dimension of performance represents a relevant research topic. As USU generally have scarce initial resources, the human capital of their founders is one of their main business assets. Although the survival of such firms is supposed to be heavily dependent on the human capital characteristics of their founders, this has not received enough attention in existing research. In this paper we investigate the contribution of founders' specific human capital characteristics to the survival of USU, building on Gimeno et al. (Adm Sci Q 42:750-783, 1997) threshold model of entrepreneurial exit. We divide USU founders' specific human capital into three components (entrepreneurship, industry and university) in order to better understand its impact on firm survival. Our theoretical model is empirically tested on a unique sample of Catalan USU through a logistic regression analysis.Coherently with our theoretical reasoning, the results show that industry human capital negatively affect USU survival, while university human capital and entrepreneurship human capital enhance the likelihood of USU survival.

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“To have and have not”: founders’ human capital and university start-up survival

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“…Patents are a key step in the whole technological innovation process (Ndonzuau et al, 2002), and are usually used as indicator of inventive and innovative activities (Archibugi and Coco, 2005;Motohashi, 2005;Pouris, 2005;Miyata, 2000).…”

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Industry work experience and inventive capacity of South African academic researchers

Lubango

Pouris

2007

Technovation

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The inventive capacity of South African universities and researchers is investigated through analysis of university patent applications. Patent applications to the South African Patent office from 1996 to 2006 are used as an indicator of inventive capacity.The investigation determines, for the first time, patenting activities of local universities at the South African Patent Office for the past 10 years and it identifies the performance of faculties and departments. We suggest that patent analysis of local patent offices in developing countries provides a more comprehensive picture of inventive activity than the analyses in the main patent offices in USA and Europe.The assertion that industrial experience affects the inventiveness of academic staff is also investigated. The study finds that most inventors or co-inventors held at least one position in industry, or in some cases, specialized parastatals (non-university institutions) prior to patent application. The study supports the idea that experience and the professional trajectory of scientists through migration from industry to university leads to an increase of researchers' scientific and technical human capital which is convertible into high performance or inventive capacity. We argue that this linkage is valid equally in developed and developing countries (like South Africa) and that universities internationally wishing to improve their entrepreneurial character should aim to employ academic with industrial prior experience.

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“…By studying the development of academic spin-offs the authors have identi-Þ ed different phases of development (Ndonzuau et al, 2002;Vohora et al, 2004;Pattnaik and Pandey, 2014). Ndonzuau et al (2002) The purpose of the Þ rst phase is to create business ideas, suggestions and proposals, within scientiÞ c community, for commercial use. Commercial exploitation of knowledge demands getting closer of the two opposite science concepts.…”

Section: Entrepreneurial University Model and The Creation Of Academimentioning

confidence: 99%

University characteristics as the success factor of academic spin-offs

Babić

Savović

2018

zefzg

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ABSTRACT:The complexity of knowledge-based society is constantly adding new challenges for higher education institutions. Entrepreneurial university model is developed in such a way that it incorporates the additional role of the commercialization of knowledge and active contribution to the development of private enterprises in the local and regional economy. The main objective of the paper is to explore the characteristics of university which support entrepreneurial activities and facilitate the generation and exploitation of knowledge and technology. The main research question is how the university can become an incentive factor for the development and success of academic spin-off ventures? The results of the research have shown that the characteristics of the social and institutional environment inß uence the development and success of academic spin-off ventures by developing various mechanisms that encourage innovation and entrepreneurship. In addition, the research has shown that the university, by strengthening the culture of academic entrepreneurship as well as, by establishing cooperation with industry and public institutions on all levels, encourages the development of academic spin-off ventures. In the concluding observations, we emphasized the importance of further research in the Þ eld of higher education institutions, in order to provide additional contribution to the literature focused on academic entrepreneurship, as well as to provide practical recommendations for improving the success of academic spin-offs.KEY WORDS: academic spin-off, entrepreneurial university, entrepreneurial learning, knowledge transfer. SAŽETAK: Složenost društva zasnovanog na znanju neprekidno stvara nove izazove institucijama u visokom obrazovanju. Model poduzetni kog sveu ilišta razvijen je na na in da inkorporira dodatnu ulogu komercijalizacije znanja i aktivni doprinos razvoju privatnih kompanija u lokalnom i regionalnom okruženju. Osnovni cilj rada je istražiti karakteristike sveu ilišta koje podupiru poduzetni ke aktivnosti i olakšavaju stvaranje i iskorištavanje znanja i tehnologije. Glavno istraživa ko pitanje je kako sveu ilište može postati poticajni faktor razvoja i uspjeha sveu ilišnih spin-off poduhvata? Rezultati istraživanja su pokazali da karakteristike društvenog i institucionalnog okruženja utje u na razvoj i uspjeh sveuilišnih spin-off poduhvata kroz razvoj razli itih mehanizama koji poti u inovativnost i poduzetništvo. Dodatno, istraživanje je pokazalo da sveu ilište ja anjem kulture akademskog poduzetništva, kao i uspostavljanjem suradnje s industrijom i lokalnim/regionalnim i državnim institucijama poti e razvoj sveu ilišnih spin-off poduhvata. U zaklju nim razmatranjima istaknut je zna aj daljih istraživanja u podru ju visokoobrazovnih institucija kako bi se pružio doprinos literaturi iz podru ja akademskog poduzetništva i pružile prakti ne preporuke za unaprje enje uspjeha akademskih spin-off poduhvata.KLJU NE RIJE I: akademski spin-off poduhvati, poduzetni ko sveu ilište, poduzetni ko u enje, trans...

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A stage model of academic spin-off creation

Cited by 283 publications

References 22 publications

“To have and have not”: founders’ human capital and university start-up survival

“To have and have not”: founders’ human capital and university start-up survival

Industry work experience and inventive capacity of South African academic researchers

University characteristics as the success factor of academic spin-offs

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