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The Composition of University Entrepreneurial Ecosystems and Academic Entrepreneurship: A UK Study

In: TRENDS IN INNOVATION AND ENTREPRENEURSHIP RESEARCH Ecosystems, Digital Technologies and Responses to Shocks

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  • Daniel Prokop

Abstract

This paper examines the link between the composition of university entrepreneurial ecosystems and performance of higher education institutions (HEIs) in academic entrepreneurship, specifically founding academic spinoff companies. The paper studies a sample of 160 UK HEIs and their university entrepreneurial ecosystems related to formation of 784 academic spinoffs. It employs social network analysis (SNA) to inspect the composition and connections between university entrepreneurial ecosystems. It finds that HEIs based in better developed university entrepreneurial ecosystems are associated with formation of greater numbers of academic spinoff companies. The best performing ecosystems are based in the Greater South East region. It is concluded that policymakers need to recognize the importance of the composition of the university entrepreneurial ecosystems and the role it plays in academic entrepreneurship.

Suggested Citation

  • Daniel Prokop, 2023. "The Composition of University Entrepreneurial Ecosystems and Academic Entrepreneurship: A UK Study," World Scientific Book Chapters, in: Alexander Brem & Jin Chen (ed.), TRENDS IN INNOVATION AND ENTREPRENEURSHIP RESEARCH Ecosystems, Digital Technologies and Responses to Shocks, chapter 4, pages 79-101, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811273292_0004
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    More about this item

    Keywords

    Innovation and Entrepreneurship Research; Digital Technologies; Ecosystems; Sextuple Helix; Solar PV Industry; Academic Entrepreneurship; Digital Transformation; Global Diffusion of Innovation; Marketplace Platform; Future Crises; Industry Technology Transfer;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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