Public or private entrepreneurship? Revisiting motivations and definitions of success among academic entrepreneurs

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• 作者：Christopher S. Hayter
• 关键词：Entrepreneurship ; Technology transfer ; Economic development ; Entrepreneurial motivations ; 033 ; Z13
• 刊名：The Journal of Technology Transfer
• 出版年：2015
• 出版时间：December 2015
• 年：2015
• 卷：40
• 期：6
• 页码：1003-1015
• 全文大小：388 KB
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• 作者单位：Christopher S. Hayter (1)
  
  1. Center for Organization Research and Design, School of Public Affairs, Arizona State University, Tempe, AZ, USA
  
• 刊物类别：Business and Economics
• 刊物主题：Economics
  Business
  Technology Management
  Industrial Organization
  Management
  Commercial Law
  Economic Growth
  
• 出版者：Springer Netherlands
• ISSN：1573-7047

文摘

The choice of university faculty to engage in academic entrepreneurship—the establishment and management of a university spinoff company—is a critical component of university economic development efforts. Replicating Hayter (J Technol Transf 36:340-52, 2011), this study investigates motivations and definitions of success among academic entrepreneurs, how they evolve, and why. The results show that academic entrepreneurs are motivated by a number of distinct, yet interrelated reasons and that spinoffs are viewed as a vehicle to pursue SBIR awards and consulting opportunities that can, in turn, enhance their traditional academic teaching and research responsibilities. Several academic entrepreneurs have enjoyed commercialization success yet, as a group, near-term commercialization goals and financial motivations have become relatively less important. While these findings have important implications for policy, they also signal a new conceptualization of university spinoffs as a low-growth contract research firm and provide empirical support for the emerging theory of public entrepreneurship. Keywords Entrepreneurship Technology transfer Economic development Entrepreneurial motivations