Academic Governance insights of University Spin-offs: a micro-foundational perspective of life-science ventures
Academic Governance insights of University Spin-offs: a micro-foundational perspective of life-science venturesMauro Sciarelli, Mario Tani, Giovanni Catello Landi, Lorenzo Turriziani, Anna Prisco
University Spin-offs (USOs) are increasingly recognized as effective drivers of regional and national competitiveness because of their ability to foster economic growth (Di Gregorio and Shane, 2003), create employment in science-based sectors (Clarysse et al., 2005; O’Shea et al., 2008), and bridge linkage between industry and science (Debackere and Veugelers, 2005).
At the same time, academic business ventures, if confronted with their non-academic counterparts are underperforming (Wennberg et al. 2011; Ortìn-Ángel and Vendrell-Herrero, 2014) and, often they fail to grow (Mustar et al., 2008). Therefore, it could be useful to identify which factors might enhance USO performance.
Several scholars focused on factors affecting USOs growth such as the composition of their Top Management Teams (TMTs) (Heirman and Clarysse, 2004; Mustar et al., 2006)…..#Academic entrepreneurship #Economic Performance #Microfoundations #Top Management Team Heterogeneity #University Spin-offs #University Technology Transfer