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A university spin-off launch failure: explanation by the legitimation process

Author

Listed:
  • Valérie François

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - ULCO - Université du Littoral Côte d'Opale - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Pascal Philippart

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - ULCO - Université du Littoral Côte d'Opale - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

Abstract

The search for legitimacy is essential for all emerging companies in order to acquire resources. However, in the case of university spin-off, legitimacy must be sought from multiple stakeholders with different expectations. It also must be dealt with in all of its dimensions. The theoretical framework of legitimacy helped us to understand the reasons why the launch of a university spin-off might fail. A longitudinal and in-depth case study provide insights into previously unknown dynamics of the legitimation process and the impact of the search for legitimacy with different stakeholders on a nascent venture. It shows in particular that the socio-political dimension of legitimacy is central in the case of university spin-offs due to their original link with the university.

Suggested Citation

  • Valérie François & Pascal Philippart, 2017. "A university spin-off launch failure: explanation by the legitimation process," Post-Print hal-01745283, HAL.
    • Handle: RePEc:hal:journl:hal-01745283
    DOI: 10.1007/s10961-017-9648-y
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    2. Dawn Lyken-Segosebe & Tshegofatso Mogotsi & Sakarea Kenewang & Bonolo Montshiwa, 2020. "Stimulating Academic Entrepreneurship through Technology Business Incubation: Lessons for the Incoming Sponsoring University," International Journal of Higher Education, Sciedu Press, vol. 9(5), pages 1-1, October.
    3. Uzi Haan & Shuli C. Shwartz & Fernando Gómez-Baquero, 2020. "A startup postdoc program as a channel for university technology transfer: the case of the Runway Startup Postdoc Program at the Jacobs Technion–Cornell Institute at Cornell Tech," The Journal of Technology Transfer, Springer, vol. 45(6), pages 1611-1633, December.
    4. Schaeffer, Paola Rücker & Guerrero, Maribel & Fischer, Bruno Brandão, 2021. "Mutualism in ecosystems of innovation and entrepreneurship: A bidirectional perspective on universities’ linkages," Journal of Business Research, Elsevier, vol. 134(C), pages 184-197.
    5. Marcel Rolf Pfeifer, 2022. "Human Resources in Start-Ups: Expert Interviews with Managers on the Transition of Start-Ups from Academic to Private," Merits, MDPI, vol. 2(2), pages 1-20, May.
    6. Nobuya FUKUGAWA, 2022. "Effects of the Quality of Science and Innovation on Venture Finance: Evidence from University Spinoffs in Japan," Discussion papers 22006, Research Institute of Economy, Trade and Industry (RIETI).
    7. Messina, Lisa & Miller, Kristel & Galbraith, Brendan & Hewitt-Dundas, Nola, 2022. "A recipe for USO success? Unravelling the micro-foundations of dynamic capability building to overcome critical junctures," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    8. Bahuleyan, Athira & Chavan, Meena & Krzeminska, Anna & Chirico, Francesco, 2024. "Process and variance research: Integrating research on university spinoff evolution," Technovation, Elsevier, vol. 130(C).
    9. Todd Davey & Sofía Louise Martínez-Martínez & Rafael Ventura & Victoria Galán-Muros, 2025. "The creation of academic spin-offs: University-Business Collaboration matters," The Journal of Technology Transfer, Springer, vol. 50(4), pages 1567-1601, August.

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    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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