TY - JOUR
T1 - Conceptualizing academic entrepreneurship ecosystems
T2 - a review, analysis and extension of the literature
AU - Hayter, Christopher
AU - Nelson, Andrew J.
AU - Zayed, Stephanie
AU - O’Connor, Alan C.
N1 - Publisher Copyright:
© 2018, Springer Science+Business Media, LLC, part of Springer Nature.
PY - 2018/8/1
Y1 - 2018/8/1
N2 - 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.
AB - 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.
KW - Academic entrepreneurship
KW - Economic development
KW - Ecosystems
KW - Entrepreneurship policy
KW - Technology transfer
UR - http://www.scopus.com/inward/record.url?scp=85041931103&partnerID=8YFLogxK
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U2 - 10.1007/s10961-018-9657-5
DO - 10.1007/s10961-018-9657-5
M3 - Article
AN - SCOPUS:85041931103
SN - 0892-9912
VL - 43
SP - 1039
EP - 1082
JO - Journal of Technology Transfer
JF - Journal of Technology Transfer
IS - 4
ER -