EconPapers    
Economics at your fingertips  
 

Academic Entrepreneurship: An Empirical Research of Invention Commercialisation

Duong Cong Doanh, Tomasz Bernat, Nguyen Thanh Hieu, Nguyen Bich Ngoc and Nguyen Thi Phuong Linh

Central European Business Review, 2021, vol. 2021, issue 4, 33-62

Abstract: Empirical studies exploring particular mechanisms that the country's institutional profile, such as regulatory and normative dimensions are internalised into scientists' cognitive process of commercialising their research results, are rather sparse. This study aims to develop a conceptual framework in which integrated the lens of institutional theory and theory of planned behaviour to empirically test and discover the effects of regulatory and normative supports on scientists' intention to commercialise an invention. A survey was conducted at institutions and universities using stratified random sampling from 255 scientists during the period of 2 months from May to July 2020. Structural equation modelling was employed to estimate the paths and correlations. Results revealed that although regulatory support was not found to have a direct role in shaping intention to commercialise the invention, it had more influences and significances in the increase of attitude towards entrepreneurship, subjective norms, perceived behavioural control. Also, attitude towards entrepreneurship and perceived behavioural control were found to be full mediators in the linkage between regulatory support and intention to commercialise the invention, but subjective norms were not. Besides, normative support, although it was not related to subjective norms, it had direct influences on attitude toward invention commercialisation, perceived behaviour control, and intention to commercialise the invention. Thus, attitude toward invention commercialisation, perceived behaviour control was figured out to play a partially mediating role in the relationship between normative support and intention to commercialise invention among scientists. This research shows that new institutions that address younger generations and concentrate on enhancing entrepreneurial qualities are crucial to foster commercialisation in emerging economies. Also, by representing outstanding issues, our research encourages further debate and research activities. Implications for Central European audience: Even though the research results are related to academic entrepreneurship in Vietnam, the findings of this study can advocate that to promote academic entrepreneurship in emerging economies, enhancing both regulatory and normative supports are really necessary. In addition to theoretical contributions, this study also has several practical implications for researchers and policymakers in Central Europe.

Keywords: academic entrepreneurship; invention commercialisation; regulatory and normative supports; a theory of planned behaviour (search for similar items in EconPapers)
JEL-codes: L24 L26 M13 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://cebr.vse.cz/doi/10.18267/j.cebr.265.html (text/html)
http://cebr.vse.cz/doi/10.18267/j.cebr.265.pdf (application/pdf)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlcbr:v:2021:y:2021:i:4:id:265:p:33-62

Ordering information: This journal article can be ordered from
Faculty of Business Administration, University of Economics, Prague
http://cebr.vse.cz

DOI: 10.18267/j.cebr.265

Access Statistics for this article

Central European Business Review is currently edited by Jindřich Špička

More articles in Central European Business Review from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().

 
Page updated 2022-01-04
Handle: RePEc:prg:jnlcbr:v:2021:y:2021:i:4:id:265:p:33-62