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Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature

Author

Listed:
  • Christopher S. Hayter

    (Arizona State University)

  • Andrew J. Nelson

    (University of Oregon)

  • Stephanie Zayed

    (RTI International)

  • Alan C. O’Connor

    (RTI International)

Abstract

Policy-related discussions increasingly view universities as so-called “engines of economic growth”. Recognizing that the economic impact of universities is dependent, at least in part, on the success of university-affiliated entrepreneurial ventures, this paper reviews the extant literature to understand how academic entrepreneurship is conceptualized and the extent to which it adopts an ecosystem approach. We find that scholars have largely focused on individual ecosystem elements and characteristics, eschewing strategic and systemic conceptualizations of entrepreneurship ecosystems. As a result, we argue that the ecosystem perspective has not been fully leveraged to influence policy decisions. We conclude by offering several concrete recommendations on future research directions that, if pursued, would further enhance our understanding of the economic impact of universities.

Suggested Citation

  • Christopher S. Hayter & Andrew J. Nelson & Stephanie Zayed & Alan C. O’Connor, 2018. "Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature," The Journal of Technology Transfer, Springer, vol. 43(4), pages 1039-1082, August.
  • Handle: RePEc:kap:jtecht:v:43:y:2018:i:4:d:10.1007_s10961-018-9657-5
    DOI: 10.1007/s10961-018-9657-5
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    Keywords

    Academic entrepreneurship; Ecosystems; Technology transfer; Entrepreneurship policy; Economic development;
    All these keywords.

    JEL classification:

    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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