Entrepreneurial orientation, technology transfer and spinoff performance of U.S. universities

Are scientific capacities and industrial funding critical for universities' knowledgetransfer activities? - A case study of South Korea

“…This is in line with the empirical findings of Di , even though their dependent variable is the creation of spin-off companies. In contrast, the empirical evidence of Henderson et al (1998) and O'Shea et al (2005) is inconsistent with our findings, while the dependent variables of the two studies are application-oriented academic research and spin-off activities respectively. However, our dependent variables are patent applications and technology transfers.…”

“…Henderson et al (1998) suggest that the proportion of industrial funding is related to application-oriented academic research. O'Shea et al (2005) find that the proportion of industrial funding has a significant, positive impact on the establishment of university spin-off firms. However, Di find that the proportion of industrial funding is not significantly related to universities' creation of spin-offs, while the absolute size of industrial funding is significantly related to the creation of such spin-offs.…”

“…Moreover, investigating the spin-off rate of 101 US universities, Di maintain that universities with higher intellectual eminence can more easily create start-ups. Similarly, universities with highly-rated departments in science and engineering are also heavily involved in spin-off activity (O'Shea et al 2005).…”

Evolving missions and university entrepreneurship: academic spin-offs and graduate start-ups in the entrepreneurial society

“…Goldstein 2010;Siegel et al 2003). These include TTOs' expertise and networking capacity, and their ability to recognize opportunities and organize equity ownership for the spin-offs O'Shea et al 2005). At the same time, authors have pointed out that economic returns from spin-offs are indeed small and mostly sorted across few institutions (Heher 2006) and that the probability to generate financially rewarding forms of entrepreneurship from technology transfer activities of research alone is on average fairly low (Lester 2005;Mowery et al 2001;Harrison and Leitch 2010).…”

“…A number of studies on academic entrepreneurship and ''university entrepreneurship'' (Rothaermel et al 2007) has acknowledged the high potential of academic entrepreneurial mechanisms as beneficial to the economy and society in general (Feldman and Desrochers 2004;Shane 2004;O'Shea et al 2005;Wright et al 2007). However, the role of the university in the entrepreneurial society has been portrayed in a much broader way (Audretsch 2014) and urges to build a wider perspective reflecting the changing roles of universities in order to ''embrace greater variety in the extent and nature of academic entrepreneurship'' (Siegel and Wright 2015, p 584).…”