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Entrepreneurial Opportunity Recognition and Exploitation in the Academia: a Dynamic Process of Networking?

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  • Huang Vogel, Eleonore

    ()
    (CSIR, Blekinge Inst of Technology)

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    Abstract

    Academic Entrepreneurship has drawn large research interest over the last decade. However, few research focus on the processes behind entrepreneurial behavior in favor of more “linear” perspectives such as the individuals´ transformation from an academic to an entrepreneur measured by e.g. number of start-ups. This paper focuses on entrepreneurial opportunities, its nature and source, and speaks for the usefulness of a social network perspective on academic entrepreneurship. Inter-disciplinary literature is reviewed for research on the significance of social network to entrepreneurial behavior of academics, or more precisely; social networks significance to opportunity recognition, evaluation and exploitation among entrepreneurial academics. Academic entrepreneurial actions are viewed as non-isolated, non-deterministic, and dynamic co-creations through social networks. Finally concluding remarks, hypotheses and research ideas are presented in which the commercialization process may not be seen as a linear but dynamic process, the opportunity may be created or originate in new knowledge and in turn may be recognized by any member within the academic´s social network and that encouragement and various resources necessary for entrepreneurial action may be added by yet others within the network.

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    Bibliographic Info

    Paper provided by Center for Innovation and Technology Research, Blekinge Institute of Technology in its series CITR Working Paper Series with number 2012/09.

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    Length: 20 pages
    Date of creation: 29 Nov 2013
    Date of revision:
    Handle: RePEc:hhs:bthcsi:2012-009

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    Postal: CITR (Center for Innovation and Technology Research), Department of Industrial Economics, Blekinge Inst of Technology, 371 79 Karlskrona, Sweden
    Phone: 0455 - 38 50 00
    Fax: 0455 - 38 50 57
    Web page: http://www.bth.se/csir
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    Related research

    Keywords: academic entrepreneurship; networks; opportunity recognition; innovation; co-creation;

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    1. Simcha Jong, 2006. "How organizational structures in science shape spin-off firms: the biochemistry departments of Berkeley, Stanford, and UCSF and the birth of the biotech industry," Industrial and Corporate Change, Oxford University Press, vol. 15(2), pages 251-283, April.
    2. Branco Ponomariov & P. Craig Boardman, 2008. "The effect of informal industry contacts on the time university scientists allocate to collaborative research with industry," The Journal of Technology Transfer, Springer, vol. 33(3), pages 301-313, June.
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