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Spreading academic entrepreneurship: Made in Mexico

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  • Cantu-Ortiz, Francisco J.
  • Galeano, Nathalíe
  • Mora-Castro, Patricia
  • Fangmeyer, James

Abstract

This work presents REPITA (Research-Ecosystem-People-Intellectual Property-Transfer-Alignment), a prescriptive and repeatable model for successful technology-based academic entrepreneurship, synthesized from research of academic entrepreneurship in developing economy conditions. In this work, we identify three deficiencies in Mexico’s entrepreneurship ecosystem: research skills, high technology, and technology transfer. We then present a solution that has been recognized by the Organization for Economic Co-operation and Development (OECD) for fueling high-tech university spin-offs with science and technology doctoral research. Lessons from 48 spin-off projects are synthesized in the newly proposed REPITA model, which prescribes connecting a basic research platform to applications, catalyzing the entrepreneurship ecosystem with resources and incentives, combining highly specialized people in entrepreneurial teams, setting generous and flexible intellectual property policies for the knowledge economy, transferring technology per entry and exit strategies, and aligning technology and business incubation. Finally, we propose a tool that presents academic entrepreneurship theories in an actionable format for university administrators and entrepreneurs. These results are not a theoretical framework on their own, but rather a real-world organizational model based on theory for impelling technology-based, academic spin-offs with economic impact. Taken together, this contribution may be useful to practitioners and provocative for researchers.

Suggested Citation

  • Cantu-Ortiz, Francisco J. & Galeano, Nathalíe & Mora-Castro, Patricia & Fangmeyer, James, 2017. "Spreading academic entrepreneurship: Made in Mexico," Business Horizons, Elsevier, vol. 60(4), pages 541-550.
    • Handle: RePEc:eee:bushor:v:60:y:2017:i:4:p:541-550
    DOI: 10.1016/j.bushor.2017.04.002
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    References listed on IDEAS

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    1. G. Page West III & Charles E. Bamford & Jesse W. Marsden, 2008. "Contrasting Entrepreneurial Economic Developments in Less-Developed Latin American Markets: Applications and Extensions of Resource-Based Theory," Discussion Paper Series 2008-03, McColl School of Business, Queens University of Charlotte.
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    7. Powers, Joshua B. & McDougall, Patricia P., 2005. "University start-up formation and technology licensing with firms that go public: a resource-based view of academic entrepreneurship," Journal of Business Venturing, Elsevier, vol. 20(3), pages 291-311, May.
    8. Einar Rasmussen & Mike Wright, 2015. "How can universities facilitate academic spin-offs? An entrepreneurial competency perspective," The Journal of Technology Transfer, Springer, vol. 40(5), pages 782-799, October.
    9. Freitas, Jonathan Simões & Gonçalves, Carlos Alberto & Cheng, Lin Chih & Muniz, Reynaldo Maia, 2013. "Structuration aspects in academic spin-off emergence: A roadmap-based analysis," Technological Forecasting and Social Change, Elsevier, vol. 80(6), pages 1162-1178.
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    1. Alexandre Cabagnols & Ali Maâlej & Pierre Mauchand & Olfa Kammoun, 2022. "The determinants of entrepreneurial intention of scientist PhD students: analytical vs emotional formation of the intention," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 4(4), pages 63-82, December.
    2. Munshi Naser Ibne Afzal & Shamim Siddiqui & Susmita Dutta, 2018. "Determinants of entrepreneurial capability (EC) environment in ASEAN-05 economies - a log-linear stochastic frontier analysis," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-14, December.
    3. Ileana Palaco & Suk Kyoung Kim & Min Jae Park & Jae Jeung Rho, 2022. "Exploring capabilities of international technology transfer intermediaries between emerging and developed countries," The Journal of Technology Transfer, Springer, vol. 47(1), pages 307-352, February.

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