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Creating university spin-offs Universiteit Antwerpen
Academic entrepreneurship by means of university spin-offs commercializes technological breakthroughs, which may otherwise remain unexploited. However, many universities face difficulties in creating spin-offs. This article adopts a science-based design approach to connect scholarly research with the pragmatics of effectively creating university spin-offs. This approach serves to link the practice of university spin-off creation, via design ...
Policy principles for the creation and success of corporate and academic spin-offs Universiteit Antwerpen
Following a design science approach, this paper develops a framework of policy design principles for fostering technology entrepreneurship in a region. These principles are grounded in research findings and describe the factors and causal mechanisms that explain the founding and success rates of both corporate and academic spin-offs. We differentiate between principles that serve the creation of spinoffs versus those focusing on their subsequent ...
Designing contracts for university spin-offs KU Leuven
We provide a theoretical model about how to design academic spin-off contracts between the university technology transfer office (TTO), the researcher, and the venture capitalist. The optimal contract entails the allocation of founder shares to the researcher to secure her participation in the venture. It may also require the researcher to be financially involved in the project to give her incentives to provide effort. We also show that when the ...
The role of teams in academic spin-offs Universiteit Antwerpen
Although teams play a crucial role in academic spin-offs, research on this topic is still in its early stage. To stimulate discussion and encourage further studies, this paper offers a much-needed overview of prior research on teams in the context of academic spin-offs. By examining studies from 1980 to 2016, our review shows that extant work has focused primarily on the human and social capital endowments of academic entrepreneurs, while much ...
How Do University Spin-Offs Apply Stakeholder Management in Practice? Vrije Universiteit Brussel
This paper aims to better understand the application of stakeholder management within the university spin-offs (USOs) of the five Flemish universities (Belgium). Every organization, including USOs, must deal with different types of stakeholders. Even though a lot of research on USOs exists, as far as we know, no previous research has been performed on how USOs manage their stakeholders. For this qualitative research, 30 in-depth semi-structured ...
Nurture or nature?: the growth paradox of research-based spin-offs Universiteit Gent
Strategic entrepreneurship, resource orchestration and growing spin-offs from universities Universiteit Gent
The effectiveness of university knowledge spillovers: performance differences between university spinoffs and corporate spinoffs Universiteit Gent
How human capital interacts with the early development of academic spin-offs Universiteit Antwerpen
This paper focuses on venture team characteristics with respect to human capital dimensions in early stage ventures emerging from academic research (institutions). Three major groups have been investigated: founders, top managers and directors. Data was obtained using personal interviews with 185 product-oriented academic spin-offs in nine European countries, including those of 17 failures. The results show a significant positivebut ...