Academic Entrepreneurship in a Resource-Constrained Environment: Diversification and Synergistic Effects

L. Ranmuthumalie Silva (), Elvira Uyarra () and Ray Oakey ()
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L. Ranmuthumalie Silva: University of Manchester
Elvira Uyarra: University of Manchester
Ray Oakey: University of Manchester

Chapter Chapter 5 in Technology Transfer in a Global Economy, 2012, pp 73-97 from Springer

Abstract: Abstract This chapter investigates academic entrepreneurship in a resource-­constrained environment. Sequential mixed methods are adopted in three stages, namely, an initial context-specific data-gathering stage, an on-line survey, and in-depth interviews. It is revealed that entrepreneurial activity is a means of becoming resource-rich in a resource-constrained environment. In order to extract value from their environment, academic entrepreneurs adopt diversification strategies, which generate synergies between multiple academic entrepreneurial activities. Diversifying into a greater number of different activities is found to generate more synergistic effects than diversifying into a limited number of similar activities. Nevertheless, there remain synergies between those who adopt different diversification strategies, which highlight the importance of a university having a team of different academic entrepreneurs, who complement each other. Policy implications and future research avenues are considered in conclusion.

Keywords: Entrepreneurial Activity; Academic Engagement; Diverse Activity; Academic Entrepreneurship; Academic Entrepreneur (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/978-1-4614-6102-9_5

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