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Academic entrepreneurship, technology transfer and society: where next?

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  • Mike Wright

Abstract

I outline a synthesis of micro and macro levels that attempts to provide a broader conceptualization of academic entrepreneurship and an appreciation of the contextual heterogeneity of academic entrepreneurship and the implications for how it occurs. The micro-level concerns how firms orchestrate their resources and capabilities, specifically knowing where resources come from and how to accumulate, bundle and configure them to generate sustainable returns. At the macro level, I analyse four different dimensions of context: temporal, institutional, social and spatial. Consequently, I argue that there is a need for a reconciliation of utilitarian and education-for-education’s sake perspectives on the role of universities. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • Mike Wright, 2014. "Academic entrepreneurship, technology transfer and society: where next?," The Journal of Technology Transfer, Springer, vol. 39(3), pages 322-334, June.
    • Handle: RePEc:kap:jtecht:v:39:y:2014:i:3:p:322-334
    DOI: 10.1007/s10961-012-9286-3
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    References listed on IDEAS

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    1. Cornelius Mueller & Paul Westhead & Mike Wright, 2012. "Formal Venture Capital Acquisition: Can Entrepreneurs Compensate for the Spatial Proximity Benefits of South East England and ‘Star’ Golden-Triangle Universities?," Environment and Planning A, , vol. 44(2), pages 281-296, February.
    2. Vohora, Ajay & Wright, Mike & Lockett, Andy, 2004. "Critical junctures in the development of university high-tech spinout companies," Research Policy, Elsevier, vol. 33(1), pages 147-175, January.
    3. Einar Rasmussen & Simon Mosey & Mike Wright, 2011. "The Evolution of Entrepreneurial Competencies: A Longitudinal Study of University Spin‐Off Venture Emergence," Journal of Management Studies, Wiley Blackwell, vol. 48, pages 1314-1345, September.
    4. Bart Clarysse & Mike Wright & Els Van de Velde, 2011. "Entrepreneurial Origin, Technological Knowledge, and the Growth of Spin‐Off Companies," Journal of Management Studies, Wiley Blackwell, vol. 48, pages 1420-1442, September.
    5. Mike Wright & Evila Piva & Simon Mosey & Andy Lockett, 2009. "Academic entrepreneurship and business schools," The Journal of Technology Transfer, Springer, vol. 34(6), pages 560-587, December.
    6. Acworth, Edward B., 2008. "University-industry engagement: The formation of the Knowledge Integration Community (KIC) model at the Cambridge-MIT Institute," Research Policy, Elsevier, vol. 37(8), pages 1241-1254, September.
    7. Salter, Ammon J. & Martin, Ben R., 2001. "The economic benefits of publicly funded basic research: a critical review," Research Policy, Elsevier, vol. 30(3), pages 509-532, March.
    8. Zahra, Shaker A. & Filatotchev, Igor & Wright, Mike, 2009. "How do threshold firms sustain corporate entrepreneurship? The role of boards and absorptive capacity," Journal of Business Venturing, Elsevier, vol. 24(3), pages 248-260, May.
    9. Timothy Clark & Mike Wright, 2007. "Reviewing Journal Rankings and Revisiting Peer Reviews: Editorial Perspectives," Journal of Management Studies, Wiley Blackwell, vol. 44(4), pages 612-621, June.
    10. Gerry Boucher & Cheryl Conway & Els Van Der Meer, 2003. "Tiers of Engagement by Universities in their Region's Development," Regional Studies, Taylor & Francis Journals, vol. 37(9), pages 887-897.
    11. Wennberg, Karl & Wiklund, Johan & Wright, Mike, 2011. "The effectiveness of university knowledge spillovers: Performance differences between university spinoffs and corporate spinoffs," Research Policy, Elsevier, vol. 40(8), pages 1128-1143, October.
    12. C. Mueller & P. Westhead & M. Wright, 2012. "Formal venture capital acquisition: can entrepreneurs compensate for the spatial proximity benefits of south east of England and ‘star’ golden triangle universities?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 12/802, Ghent University, Faculty of Economics and Business Administration.
    13. Timothy Clark & Mike Wright, 2009. "So, Farewell Then . . . Reflections on Editing the Journal of Management Studies," Journal of Management Studies, Wiley Blackwell, vol. 46(1), pages 1-9, January.
    14. Kenney, Martin & Patton, Donald, 2009. "Reconsidering the Bayh-Dole Act and the Current University Invention Ownership Model," Research Policy, Elsevier, vol. 38(9), pages 1407-1422, November.
    15. Robert Huggins, 2008. "Universities and knowledge-based venturing: finance, management and networks in London," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 20(2), pages 185-206, March.
    16. Gautam Ahuja & Riitta Katila, 2004. "Where do resources come from? The role of idiosyncratic situations," Strategic Management Journal, Wiley Blackwell, vol. 25(8‐9), pages 887-907, August.
    17. Simon Mosey & Mike Wright, 2007. "From Human Capital to Social Capital: A Longitudinal Study of Technology–Based Academic Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 31(6), pages 909-935, November.
    18. Wright, Mike & Clarysse, Bart & Lockett, Andy & Knockaert, Mirjam, 2008. "Mid-range universities' linkages with industry: Knowledge types and the role of intermediaries," Research Policy, Elsevier, vol. 37(8), pages 1205-1223, September.
    19. Grimaldi, Rosa & Kenney, Martin & Siegel, Donald S. & Wright, Mike, 2011. "30 years after Bayh-Dole: Reassessing academic entrepreneurship," Research Policy, Elsevier, vol. 40(8), pages 1045-1057, October.
    20. Ron Martin & Christian Berndt & Britta Klagge & Peter Sunley, 2005. "Spatial Proximity Effects and Regional Equity Gaps in the Venture Capital Market: Evidence from Germany and the United Kingdom," Environment and Planning A, , vol. 37(7), pages 1207-1231, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Spin-offs; Universities; Technology transfer; Academic entrepreneurship; N13; O31;
    All these keywords.

    JEL classification:

    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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