Endowing university spin-offs pre-formation: Entrepreneurial capabilities for scientist-entrepreneurs
| Autor: | Martin J. Bliemel, Elicia Maine, Cynthia Shippam, V. J. Thomas |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Value (ethics)
Matching (statistics) Knowledge management Process (engineering) 1503 Business and Management 1505 Marketing 050905 science studies Archival research Article University spin-offs Innovation policy Management of Technology and Innovation 0502 economics and business Entrepreneurial capabilities Dynamic capabilities Spin offs business.industry 05 social sciences General Engineering Scientist-entrepreneur Science commercialization Business & Management Academic entrepreneurship Extended case method 0509 other social sciences business 050203 business & management |
| Zdroj: | Technovation |
| ISSN: | 0166-4972 |
| DOI: | 10.1016/j.technovation.2020.102153 |
| Popis: | University spin-offs are important mechanisms for creating and capturing value from scientific inventions. Academic scientists are uniquely positioned to shape such opportunities long before the university spin-off is founded. To better understand how science-based university spin-offs can be endowed for success, the pre-formation stage of 30 ventures co-founded over a 40 year period by a star-scientist-entrepreneur is analysed by matching his 363 co-invented US patents granted to 1476 co-authored publications and these 30 ventures. Employing the extended case method, including the analysis of extensive archival data, iterative interviews, and this unique, longitudinal, multi-level dataset, existing dynamic capabilities theory is confronted and extended with evidence as to how a star-scientist-entrepreneur senses and shapes and seizes opportunities to endow university spin-offs pre-formation. A process model is developed depicting four pre-formation entrepreneurial capabilities with which these science-based university spin-offs are endowed for success. Recommendations are made for scientist-entrepreneurs, investors, university leadership, and for innovation policymakers. Highlights • The pre-formation stage of 30 ventures co-founded by a star scientist-entrepreneur is analysed. • 363 co-invented US patents granted are matched to 1476 co-authored publications and these 30 ventures. • Existing dynamic capabilities theory is extended to show how a star scientist-entrepreneur senses and shapes and seizes opportunities. • A process model is developed depicting four pre-formation entrepreneurial capabilities. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full Text from ScienceDirect