“…Nevertheless, extant studies also recognized that a lower percentage of graduates and students are involved in the creation of science-based ventures but that founders of such start-ups are drawn from faculty or graduates (Smilor, Gibson, and Dietrich 1990). A plausible explanation is associated to the university's nature (public/private) and scope (broad/ technologic) that delimitate the identification and generation of innovative opportunities (Guerrero and Urbano 2012). Even those tendencies, authors such as Koh, Koh, and Tschang (2005) and McAdam and McAdam (2008) have identified several patterns of universities science parks located in very well-developed entrepreneurship/innovation ecosystems and that collaborate with external agents to fostering graduates' science based or technological initiatives (e.g., Cambridge, Hungry, Silicon Valley, Singapore, Sweden, Taiwan, Western Australia, etc.).…”