BUILDING INNOVATION CAPABILITIES: AN INQUIRY INTO THE DYNAMIC GROWTH PROCESS OF UNIVERSITY SPIN-OUTS IN CHINA

Y. Zhou (), T. Minshall and C. Hampden-Turner
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Y. Zhou: School of Public Policy and Management, Tsinghua University, Beijing, China;
T. Minshall: Centre for Technology Management, Institute for Manufacturing, University of Cambridge, Cambridge, UK
C. Hampden-Turner: Judge Business School, University of Cambridge, Cambridge, UK

International Journal of Innovation and Technology Management (IJITM), 2010, vol. 07, issue 03, 273-302

Abstract: This research aims to develop a conceptual framework in order to inquire into the dynamic growth process of university spin-outs (hereafter referred to as USOs) in China, attempting to understand the configuration of capabilities that are necessary for dynamic growth. Based on the extant literature and empirical cases, the study attempts to address the following question: How do USOs in China build and configure the innovation capabilities to cope with the dynamic growth? This paper aims to contribute to the existing literature by providing a theoretical discussion on the USOs' dynamic entrepreneurial process, by investigating the interconnections between innovation problem-solving and the required configuration of innovation capabilities in four growth phases. Further, it takes particular interest in the integrative capabilities and their impact on the USOs' entrepreneurial innovation process, in terms of knowledge integration, alliance, venture finance and venture governance. To date, studies have investigated the dynamic development process of USOs in China and have recognized the heterogeneity of USOs. Yet studies of capabilities that are required for rapid growth remain sparse. Addressing this research gap will be of great interest to entrepreneurs, policy-makers and venture investors.

Keywords: University spin-outs; innovation capabilities; entrepreneurial innovation; dynamic growth; capabilities; resource-based view (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (4)

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DOI: 10.1142/S0219877010002082

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