The dynamics of firm creation fuelled by higher education institutions within innovation networks

Simões, Jorge; Silva, María José; Trigo, Virgínia; Moreira, Jacinta

doi:10.1093/scipol/scs040

Cited by 12 publications

(7 citation statements)

References 31 publications

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“…Simôes et al (2012) analysed the role of HEI as an intermediary bridging the gap between producers and consumers of knowledge since they possess staff and various research units that can help venture startups and young entrepreneurs to identify opportunities, mobilize resources and create an organization. In their analyses realized in Portugal, a set of internal and external factors of HEIs that stood out as being able to influence venture creation within innovation networks are proposed.…”

Section: Resultsmentioning

confidence: 99%

“…Results confirmed this assumption in the way entrepreneurs who participated in a programme incubator revealed a relative inferiority with respect to their management experience, managerial seniority with entrepreneurs who did not make use of the incubator. Simôes et al (2012) also revealed from their field research how spin-offs whose founding academic entrepreneurs participate in outside consulting arrangements with industry are more likely to commercialize their technology. On the same advice is Hayter (2013), who theorized how prior entrepreneurial experience positively influences the propensity if the nascent entrepreneur to create new firms.…”

Section: Resultsmentioning

confidence: 99%

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Startups and open innovation: a review of the literature

Spender

Corvello

Grimaldi

et al. 2017

EJIM

320

217

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Purpose Startup companies represent a powerful engine of open innovation (OI) processes. The purpose of this paper is to represent a first step in building a map of the state-of-the-art knowledge of the “startups in an OI context” phenomenon. Through the selection and analysis of relevant literature, this study aims at deepening our understanding of the theme and at providing directions for future research. Design/methodology/approach By using an explicit method for the review (Pittaway et al., 2004) the authors selected a set of papers, which cover the knowledge domain object of this study. In total, 41 articles about “startups and OI” have been selected and the full papers have been analysed. Findings The analysed literature has been synthesized in seven sub-topics, which have been evaluated as the most relevant in explaining the phenomenon of startups in relation to OI. Implications for research, for managers and for policy makers conclude the paper. Practical implications The review produced valuable knowledge for both managers and policy decision-makers. The paper allows a better understanding of the role of startups in OI processes. This improved understanding can help managers of large firms as well as policy makers involved in OI in making their decisions. Besides, implications of OI strategies for startup managers have been singled-out. Originality/value Startup companies are intrinsically open organizations, necessarily engaged in innovation processes. Research at the intersection between the themes of OI and startups is gaining momentum. This review of the literature represents the first attempt to organize the scientific knowledge related to the intersection between the startups and OI phenomena systematically.

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Section: Resultsmentioning

confidence: 99%

Section: Resultsmentioning

confidence: 99%

Startups and open innovation: a review of the literature

Spender

Corvello

Grimaldi

et al. 2017

EJIM

320

217

View full text Add to dashboard Cite

show abstract

“…Universities represent one of the partner institutions of great importance to academic spinoffs as they very often provide the support infrastructures for the early years of these companies (Buarque et al, 2021; Pacheco et al, 2021; Simões et al, 2012). Furthermore, one way of sourcing knowledge is interacting with universities, which provide various channels that may transfer knowledge and technology between universities and industries (Miranda et al, 2018).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

The Role of Higher Education Institutions and Entrepreneurial Orientation in the Creation and Development of Academic Spinoffs

Pacheco,

Ferreira,

Simões

2023

The Journal of Entrepreneurship

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Academic spinoffs have received great attention in recent years as a means of transferring the knowledge generated by the research activities of higher education institutions (HEIs). Despite the contribution identified by the literature, there remains a lack of empirical evidence substantiating how the creation of academic spinoffs is enabled by entrepreneurial orientation (EO) and HEIs. This study theorises on the relevance of EO within the context of universities and how such an orientation may drive the founding and development of academic spinoffs. Based on a qualitative study, with 15 interviews from university rectors/presidents, faculty/school deans, degree program directors at Portuguese public HEIs, and founders of spinoffs, the results generate two relevant insights: (i) EO is relevant to the creation, growth, and performance of academic spinoffs, and (ii) personal fulfilment, the transfer of knowledge acquired in HEIs and the search for economic independence represent the main motivations for the creation of academic spinoffs. The findings are discussed to highlight their implications for theory, practice and policy-making.

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“…Minshall, Seldon, & Probert (2007) examine the role of universities in providing start-ups with Intellectual Property in terms of knowledge through a wide variety of business models, such as spin-offs, consultancy by faculty members, IP Licensing, etc. Furthermore, Simoes, Silva, Trigo, & Moreira (2012) highlight the role of higher education organisations as knowledge providers, who can provide ideas, resources and create spin-off start-up companies. Higher Education Institutes provide network opportunities, especially between parties that produce and can use knowledge.…”

Section: B the Role Of Higher Education Systemsmentioning

confidence: 99%

A Knowledge Management Challenges for Start-Ups: A Framework Proposal

Spyropoulos

2020

ijebd

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The study reviews the knowledge management challenges faced by innovative start-ups founders and entrepreneurs. Knowledge management is critical for innovation, since both organisations and individuals face very specific needs: collection of a wide variety of information and data, such as market data and technical information, and a wide range of transformation of these data into applicable knowledge, in the forms of required product specifications, business model, and business strategy. In addition, the business financing and investment ecosystem (especially Banks & Venture Capitals) uses a traditional “business plan” approach for evaluating innovation companies. Furthermore, a wide range of tools (databases, online information, Collaboration Systems, Business Intelligence Systems, ERP & CRM Systems) enable information flow and supports decision making process. To this respect, both academic literature and business experience highlight the need to improve Knowledge Management process both for individuals and organisations engaged in Innovation management. The proposed framework provides academics, entrepreneurs and venture capital companies a new approach for identifying critical success factors knowledge management and further improves decision making in a changing and challenging business environment. Finally the study highlights key areas for further research.

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The dynamics of firm creation fuelled by higher education institutions within innovation networks

Cited by 12 publications

References 31 publications

Startups and open innovation: a review of the literature

Startups and open innovation: a review of the literature

The Role of Higher Education Institutions and Entrepreneurial Orientation in the Creation and Development of Academic Spinoffs

A Knowledge Management Challenges for Start-Ups: A Framework Proposal

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