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Public Policy for Academic Entrepreneurship: A review and critical discussion
Chalmers University of Technology, Göteborg, Sweden.
Linköping University, Department of Management and Engineering, Business Administration. Linköping University, Faculty of Arts and Sciences.
Chalmers University of Technology, Göteborg, Sweden.
The Ratio Institute, Stockholm, Sweden.
2016 (English)In: Journal of Technology Transfer, ISSN 0892-9912, E-ISSN 1573-7047Article in journal (Refereed) Accepted
Abstract [en]

This article provides a critical review and discussion of current literature on technology transfer and academic entrepreneurship. Drawing upon the notion of robustness in social systems and public choice theory, we review, code, and taxonomize 166 studies in order to assess the likelihood that these initiatives will generate innovation and economic growth. We find that academic entrepreneurship initiatives are characterized by conflicting goals, weak incentive structures for universities and academics, and are contextually dependent on several factors, e.g. strong vs. weak universities. Our results therefore suggest that there are critical boundary conditions that are unlikely to be fulfilled when universities and governments enact policies to support academic entrepreneurship. Policymakers therefore need to be cautious in the potential design of such mechanisms. We discuss how technology transfer from universities might be better achieved through alternative mechanisms such as contract research, licensing, consulting and increased labor mobility among researchers.

Place, publisher, year, edition, pages
2016.
Keyword [en]
Academic Entrepreneurship, literature review, policy, robustness, public choice theory
National Category
Business Administration
Identifiers
URN: urn:nbn:se:liu:diva-127537OAI: oai:DiVA.org:liu-127537DiVA: diva2:925752
Funder
Swedish Research Council, 340-2013-5460VINNOVA
Available from: 2016-05-03 Created: 2016-05-03 Last updated: 2016-05-09Bibliographically approved

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The full text will be freely available from 2017-10-02 11:36
Available from 2017-10-02 11:36

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