Conceptualizing academic entrepreneurship ecosystems

a review, analysis and extension of the literature

Christopher Hayter, Andrew J. Nelson, Stephanie Zayed, Alan C. O’Connor

Research output: Contribution to journalArticle

19 Citations (Scopus)

Abstract

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.

Original languageEnglish (US)
Pages (from-to)1-44
Number of pages44
JournalJournal of Technology Transfer
DOIs
StateAccepted/In press - Feb 13 2018

Fingerprint

Ecosystems
Economics
Engines
Academic entrepreneurship
Ecosystem
Economic impact

Keywords

  • Academic entrepreneurship
  • Economic development
  • Ecosystems
  • Entrepreneurship policy
  • Technology transfer

ASJC Scopus subject areas

  • Business and International Management
  • Accounting
  • Engineering(all)

Cite this

Conceptualizing academic entrepreneurship ecosystems : a review, analysis and extension of the literature. / Hayter, Christopher; Nelson, Andrew J.; Zayed, Stephanie; O’Connor, Alan C.

In: Journal of Technology Transfer, 13.02.2018, p. 1-44.

Research output: Contribution to journalArticle

@article{81e3d7b0126140e39f83311c19ca7a96,
title = "Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature",
abstract = "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.",
keywords = "Academic entrepreneurship, Economic development, Ecosystems, Entrepreneurship policy, Technology transfer",
author = "Christopher Hayter and Nelson, {Andrew J.} and Stephanie Zayed and O’Connor, {Alan C.}",
year = "2018",
month = "2",
day = "13",
doi = "10.1007/s10961-018-9657-5",
language = "English (US)",
pages = "1--44",
journal = "Journal of Technology Transfer",
issn = "0892-9912",
publisher = "Kluwer Academic Publishers",

}

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.

PY - 2018/2/13

Y1 - 2018/2/13

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

UR - http://www.scopus.com/inward/citedby.url?scp=85041931103&partnerID=8YFLogxK

U2 - 10.1007/s10961-018-9657-5

DO - 10.1007/s10961-018-9657-5

M3 - Article

SP - 1

EP - 44

JO - Journal of Technology Transfer

JF - Journal of Technology Transfer

SN - 0892-9912

ER -