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Entrepreneurial dynamism and the built environment in the evolution of university entrepreneurial ecosystems

Published on Aug 1, 2019in Industrial and Corporate Change1.824
· DOI :10.1093/icc/dtz034
David Johnson6
Estimated H-index: 6
(Glas.: University of Glasgow),
Adam J. Bock7
Estimated H-index: 7
(UW: University of Wisconsin-Madison),
Gerard H. Gaynor46
Estimated H-index: 46
(Singapore Management University)
Abstract
  • References (49)
  • Citations (0)
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References49
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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 characte...
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#1Paige Clayton (UNC: University of North Carolina at Chapel Hill)H-Index: 2
#2Maryann P. Feldman (UNC: University of North Carolina at Chapel Hill)H-Index: 47
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When they lack resources to commercialize science, entrepreneurs rely on intermediary organizations often within their local ecosystems. This paper seeks to improve our understanding of how intermediaries operate to advance the commercialization of science by providing a set of specialized services. We review five intermediaries commonly mentioned in the ecosystem literature: university technology transfer and licensing offices; physical space (incubators, accelerators, and co-working spaces); p...
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#1David B. Audretsch (IU: Indiana University Bloomington)H-Index: 2
#2Maksim Belitski (University of Reading)H-Index: 10
This study focuses on regional entrepreneurial ecosystems and offers a complex model of start-ups, Regional Entrepreneurship and Development Index (REDI) and six domains of the entrepreneurial ecosystem (culture, formal institutions, infrastructure and amenities, IT, Melting Pot and demand). Altogether they capture the contextual features of socioeconomic, institutional and information environment in cities. To explain variations in entrepreneurship in a cross-section of 70 European cities, we u...
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#1Christos Kolympiris (University of Bath)H-Index: 6
#2Peter G. Klein (Baylor University)H-Index: 31
Research summary In this article, we analyze the impact of academic incubators on the quality of innovations produced by U.S. research-intensive academic institutions. We show that establishing a university-affiliated incubator is followed by a reduction in the quality of university innovations. The conclusion holds when we control for the endogeneity of the decision to establish an incubator using the presence of incubators at peer institutions as an instrument. We also document a reduction in ...
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#1Zoltan J. Acs (GMU: George Mason University)H-Index: 74
#2Erik Stam (University of Oxford)H-Index: 26
Last. Allan O'Connor (University of Adelaide)H-Index: 8
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In its most abstract sense, an ecosystem is a biotic community, encompassing its physical environment, and all the interactions possible in the complex of living and nonliving components. Economics has always been about systems that explain differential output and outcomes. However, economics has generally ignored the role of entrepreneurship in economic systems, just as entrepreneurship studies have largely overlooked the role of systems in explaining the prevalence and performance of entrepren...
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#1Ross Brown (St And: University of St Andrews)H-Index: 15
#2Colin Mason (Glas.: University of Glasgow)H-Index: 46
The concept of entrepreneurial ecosystems has quickly established itself as one of the latest ‘fads’ in entrepreneurship research. At face value, this kind of systemic approach to entrepreneurship offers a new and distinctive path for scholars and policy makers to help understand and foster growth-oriented entrepreneurship. However, its lack of specification and conceptual limitations has undoubtedly hindered our understanding of these complex organisms. Indeed, the rapid adoption of the concept...
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#1David J. Miller (GMU: George Mason University)H-Index: 2
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This paper employs Frederick Jackson Turner’s Frontier Thesis of American democracy to construct a framework for understanding the U.S. university campus as an entrepreneurial ecosystem. One question that immediately comes to mind when studying ecosystem performance is what the proper unit of analysis is: the country, the state, the city, the region, or something smaller, like an incubator or accelerator? This paper suggests that the open, innovative American frontier that closed at the end of t...
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#1Mike Wright (ETH Zurich)H-Index: 101
#2Donald S. Siegel (ASU: Arizona State University)H-Index: 61
Last. Philippe Mustar (PSL Research University)H-Index: 20
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Abstract New initiatives in student entrepreneurship programs are moving rapidly beyond traditional classroom teaching to experiential learning, which is associated with improved employment outcomes for students (Gosen and Washbush in Simul Gaming, 35:270–293, 2004). Unfortunately, we lack a framework to understand the ecosystem required to enable our students to launch successful startups. In this article, we develop such a framework. The elements of this framework include university mechanisms...
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#1David Johnson (Edin.: University of Edinburgh)H-Index: 6
#2Adam J. Bock (Edgewood College)H-Index: 7
Abstract Entrepreneurs face multiple sources and types of uncertainty during venturing activity. Converting novel or speculative opportunities into viable commercial businesses requires entrepreneurs to address or even leverage uncertainty. This process is especially relevant in nascent, knowledge-intensive fields, where success likely hinges on acquisition and deployment of unique, specialized knowledge resources. Venture development will be partly determined by the sensemaking strategies entre...
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Entrepreneurial ecosystems have emerged as a popular concept to explain the persistence of high–growth entrepreneurship within regions. However, as a theoretical concept ecosystems remain underdeve...
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