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Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature

Christopher S. Hayter (), Andrew J. Nelson, Stephanie Zayed and Alan C. O’Connor
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Christopher S. Hayter: Arizona State University
Andrew J. Nelson: University of Oregon
Stephanie Zayed: RTI International
Alan C. O’Connor: RTI International

The Journal of Technology Transfer, 2018, vol. 43, issue 4, 1039-1082

Abstract: Abstract Policy-related discussions increasingly view universities as so-called “engines of economic growth”. Recognizing that the economic impact of universities is dependent, at least in part, on the success of university-affiliated entrepreneurial ventures, this paper reviews the extant literature to understand how academic entrepreneurship is conceptualized and the extent to which it adopts an ecosystem approach. We find that scholars have largely focused on individual ecosystem elements and characteristics, eschewing strategic and systemic conceptualizations of entrepreneurship ecosystems. As a result, we argue that the ecosystem perspective has not been fully leveraged to influence policy decisions. We conclude by offering several concrete recommendations on future research directions that, if pursued, would further enhance our understanding of the economic impact of universities.

Keywords: Academic entrepreneurship; Ecosystems; Technology transfer; Entrepreneurship policy; Economic development (search for similar items in EconPapers)
JEL-codes: L31 O31 O32 O34 O38 (search for similar items in EconPapers)
Date: 2018
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