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Investigating the complexity facing academic entrepreneurs in science and engineering: the complementarities of research performance, networks and support structures in commercialisation

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  • Evangelos Bourelos
  • Mats Magnusson
  • Maureen McKelvey

Abstract

The relative importance, and specific role, of academic entrepreneurship in society has long focused upon productivity in terms of the commercialisation of research. Public policy is an instrument used in different countries to stimulate start-up companies, including attempts to influence national institutions, university structures and the incentives for individual researchers. This paper contributes with an analysis of Sweden, which has retained the 'professor's privilege', whereby the individual retains inventor rights and can choose to allocate ownership rights. The descriptive results of the survey revealed that academics have positive attitudes to commercialisation and relatively satisfactory commercialisation output. This paper examines the complementarities of research performance, networks and support structure in explaining commercialisation amongst university researchers in science and engineering in Sweden. The results show that publishing is positively correlated with commercialisation and that support structures play an important role through technology transfer offices, courses and incubators. The paper ends by using these results in order to discuss the implications for public policy. Copyright The Author 2012. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.

Suggested Citation

  • Evangelos Bourelos & Mats Magnusson & Maureen McKelvey, 2012. "Investigating the complexity facing academic entrepreneurs in science and engineering: the complementarities of research performance, networks and support structures in commercialisation," Cambridge Journal of Economics, Oxford University Press, vol. 36(3), pages 751-780.
  • Handle: RePEc:oup:cambje:v:36:y:2012:i:3:p:751-780
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    File URL: http://hdl.handle.net/10.1093/cje/bes014
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    Cited by:

    1. Aurora Teixeira & Cátia Coimbra, 2014. "The determinants of the internationalization speed of Portuguese university spin-offs: An empirical investigation," Journal of International Entrepreneurship, Springer, vol. 12(3), pages 270-308, September.
    2. Enrico Deiaco & Alan Hughes & Maureen McKelvey, 2012. "Universities as strategic actors in the knowledge economy," Cambridge Journal of Economics, Oxford University Press, vol. 36(3), pages 525-541.
    3. Michaela Trippl & Tanja Sinozic & Helen Lawton Smith, 2015. "The Role of Universities in Regional Development: Conceptual Models and Policy Institutions in the UK, Sweden and Austria," European Planning Studies, Taylor & Francis Journals, vol. 23(9), pages 1722-1740, September.

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