Universities and the success of entrepreneurial ventures: evidence from the small business innovation research program

Siegel, Donald S.; Wessner, Charles W

doi:10.1007/s10961-010-9186-3

Cited by 89 publications

(23 citation statements)

References 28 publications

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“…Evidence suggests that although training during the PhD and post-doctoral stages of careers can play an important role in stimulating interest in commercialization and entrepreneurial behavior, a sustained training and support activity such as mentoring by those with commercial experience is required over time to sustain entrepreneurial activities. In a similar vein, this could be mutually beneficial, as studies show that start-ups with close university ties outperform those that do not have such close relationships (Siegel and Wessner 2010).…”

Section: Entrepreneurial Mobilitymentioning

confidence: 99%

Academic entrepreneurship and economic competitiveness: rethinking the role of the entrepreneur

Wright

Mosey

Noke

2012

Economics of Innovation and New Technology

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Section: Entrepreneurial Mobilitymentioning

confidence: 99%

Academic entrepreneurship and economic competitiveness: rethinking the role of the entrepreneur

Wright

Mosey

Noke

2012

Economics of Innovation and New Technology

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“…Some cases of successes or failures of commercialization previously examined focused on the initial sales of products or services embedded in the transferred technology (Mitchell and Singh, 1996;Nerkar and Shane, 2007), while others considered success as the achievement of specific milestones, such as when new employees are hired or when licensing agreements are consummated (Siegel and Wessner, 2012). In this study, we concentrate on whether the firm had launched its product or service into the market.…”

Section: Research Settingmentioning

confidence: 99%

What Causes Technology Commercialization to Succeed or Fail after Transfer from Public Research Organizations

Kim¹,

Shin²

2017

KTIS

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This study explores how the technology commercialization process leads to either success or failure after transfer from PROs to SMEs by conducting a binomial logistic regression analysis. We found that the more additional development a firm implements on the transferred technology, the more likely the commercialization is to fail. The higher number of alternative technology and bigger market risk are associated with a greater likelihood of failure. On the other hand, the existence of complementary technology, the degree of cooperation with the technology provider, the size of the target market, the willingness of the CEO, and the funding availability are known to have positive effects on the success of technology commercialization. In addition, the case studies we conducted from the sample companies demonstrated that "market uncertainty," "technological issues depending on the technology-specific characteristics," and "a lack of funding capability" are some of the causes for failure of technology commercialization.

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“…Lerner (2000) found that SBIR awardees were more likely to increase jobs and revenues and to obtain funding from Angels and venture capitalists than non-SBIR awardees were. In addition to Lerner (2000), other studies such as Audretsch, Weigand and Weigand (2002), Audretsch (2003), Huang, Lee and Chu (2004), Link and Scott (2009), Link and Scott (2010), and Siegel and Wessner (2012) explored the role of the SBIR program from the macro perspective of globalization and knowledge economy as well as the functional perspective of public-private partnership and innovation-related risk sharing.…”

Section: A31 Overview Of Sbir Program Assessmentmentioning

confidence: 99%

Accelerating the Transition of Technologies Created through the U.S. Department of Defense Small Business Innovation Research Program

Ryu

2017

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For more information on this publication, visit http://www.rand.org/pubs/rgs_dissertations/RGSD405.html Published by the RAND Corporation, Santa Monica, Calif. © Copyright 2017 RAND Corporation R® is a registered trademark Limited Print and Electronic Distribution RightsThis document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited. Permission is given to duplicate this document for personal use only, as long as it is unaltered and complete. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial use. For information on reprint and linking permissions, please visit www.rand.org/pubs/permissions.html.The RAND Corporation is a research organization that develops solutions to public policy challenges to help make communities throughout the world safer and more secure, healthier and more prosperous. RAND is nonprofit, nonpartisan, and committed to the public interest. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.Support RAND Make a tax-deductible charitable contribution at www.rand.org/giving/contribute www.rand.org iii AbstractThe objective of this dissertation is to better understand the contextual effects on the success of the transition of technologies generated through the U.S. Department of Defense (DOD) Small Business Innovation Research (SBIR) program, and to pull out policy recommendations for facilitating the way the SBIR transitions technologies from abstract concepts to concrete engineering capabilities that the U.S. can use in its military systems. To that end, I explore how social (network), spatial (region), and industrial (technology) factors affect the SBIR's ability to do this. Specifically, I examine the contextual effects of network, regional, and industrial characteristics on the success of technology transition using various regression models. To incorporate multilevel factors, in particular, I employ hierarchical linear models with firm-and region/ industry-level variables related to state-level innovation capacity, anchor tenants, innovation brokers, technology life cycle, technology market, technological and network positions of SBIR awardees in relation to the DOD (including its research laboratories) and prime contractors.Findings of this dissertation include: small firms' larger SBIR awards, higher age, more cutting-edge technology or high-tech focus are more likely to lead to success in technology transition; small firms' higher technological distance (in particular, relative to prime contractors) and more central network position are more likely to facilitate technology transition; the number of defense labs in a state may matter in small firms' winning federal procurement contracts and improving their return on investment; the number of DOD mentors (i.e., large prime contractors who signed up for mentoring small busin...

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Universities and the success of entrepreneurial ventures: evidence from the small business innovation research program

Cited by 89 publications

References 28 publications

Academic entrepreneurship and economic competitiveness: rethinking the role of the entrepreneur

Academic entrepreneurship and economic competitiveness: rethinking the role of the entrepreneur

What Causes Technology Commercialization to Succeed or Fail after Transfer from Public Research Organizations

Accelerating the Transition of Technologies Created through the U.S. Department of Defense Small Business Innovation Research Program

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