Impact of Regional Systems of Innovation on the Formation of University Spin-Offs by Biomedical Star Scientists

Peer reviewed: 
Yes, item is peer reviewed.
Scholarly level: 
Faculty/Staff
Final version published as: 

Thomas, V.J. and Maine, E. (2019). Impact of regional systems of innovation on the formation of university spin-offs by biomedical star scientists, International Journal of Entrepreneurship and Small Business, 37(2), 271-287. DOI: 10.1504/IJESB.2019.100108

Date created: 
2019-06-07
Keywords: 
Academic entrepreneurship
Anchor companies
Technology entrepreneurship
Innovation policy
Science policy
Abstract: 

Scientists in research universities can play a formative role in commercialising their inventions for the benefit of society. University spin-off formation is increasing in importance as an alternative to licensing, and can be impacted by both micro and macro-level factors of the regional system of innovation. However, there is limited understanding of the ways in which these factors can interact to enable the formation of university spin-offs. In this study we examine how the productivity of two biomedical star scientists in co-founding university spin-offs can be supported or constrained by other elements of the regional system of innovation. Recommendations are made for research universities seeking to foster entrepreneurship through university spin-off formation.

Scientists in research universities can play a formative role in commercialising their inventions for the benefit of society. University spin-off formation is increasing in importance as an alternative to licensing, and can be impacted by both micro and macro-level factors of the regional system of innovation. However, there is limited understanding of the ways in which these factors can interact to enable the formation of university spin-offs. In this study we examine how the productivity of two biomedical star scientists in co-founding university spin-offs can be supported or constrained by other elements of the regional system of innovation. Recommendations are made for research universities seeking to foster entrepreneurship through university spin-off formation.

 

Description: 

The full text of this paper will be available in June 7 2020 due to the embargo policies of International Journal of Entrepreneurship and Small Business (IJESB). Contact summit@sfu.ca to enquire if the full text of the accepted manuscript can be made available to you.

Language: 
English
Document type: 
Article
Rights: 
Rights remain with the authors.
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