We conjecture that there are five stages to academic entrepreneurship: motivation, governance, selection, competition, and performance. The process of academic entrepreneurship originates with the motivation of faculty, universities, industry, and government to commercialize knowledge that originates within the university setting. The model conceptualizes that the governance and competitiveness of the commercialized knowledge moderate the mode selection and ultimately the performance of academic entrepreneurship. The conceptual and empirical support for the model are derived from a theory-driven synthesis of articles related to academic entrepreneurship.
Simmons, S. and Hornsby, J. (2014), "Academic Entrepreneurship: A Stage Based Model", Academic Entrepreneurship: Creating an Entrepreneurial Ecosystem (Advances in Entrepreneurship, Firm Emergence and Growth, Vol. 16), Emerald Group Publishing Limited, pp. 37-65. https://doi.org/10.1108/S1074-754020140000016000Download as .RIS
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