Skip to main content

2015 | OriginalPaper | Buchkapitel

8. Recruitment Processes and Capability Development in Academic Spin-Offs: An Exploratory Work

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

This work focuses on the influence of external knowledge via recruitment on the development of academic spin-off (ASO) firms, that is those businesses that are generated by academic staff and are based on results of research conducted within the university. Given the importance of external knowledge for these firms to develop and grow it is important to understand the mechanisms by which such knowledge is internalized and the impact of such knowledge on the firms’ strategies and capability development. This work, by means of a multiple case study research, seeks to shed light on the issue with respect to recruitment processes. Results show that hiring managers and researchers from the external environment is a response to some particular situations. The consequences of these recruitment strategies are also analyzed.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Fußnoten
1
We must specify that among the founders of Firm L there was a manager with previous experience from the TTO of the university, and that in the first 5 years another manager was hired. However we included Firm L in this group because the role of the two scientists entrepreneurs was far more influential on the development, growth and strategic choices of the ASO.
 
Literatur
Zurück zum Zitat Bjørnåli ES, Gulbrandsen M (2010) Exploring board formation and evolution of board composition in academic spin-offs. J Technol Transf 35:92–112CrossRef Bjørnåli ES, Gulbrandsen M (2010) Exploring board formation and evolution of board composition in academic spin-offs. J Technol Transf 35:92–112CrossRef
Zurück zum Zitat Boeker W (1997) Executive migration and strategic change: the effect of top manager movement on product market entry. Adm Sci Q 42:213–236CrossRef Boeker W (1997) Executive migration and strategic change: the effect of top manager movement on product market entry. Adm Sci Q 42:213–236CrossRef
Zurück zum Zitat Chiesa V, Piccaluga A (2000) Exploitation and diffusion of public research: the case of academic spin-off companies in Italy. R&D Manag 30:329–339CrossRef Chiesa V, Piccaluga A (2000) Exploitation and diffusion of public research: the case of academic spin-off companies in Italy. R&D Manag 30:329–339CrossRef
Zurück zum Zitat Clarysse B, Moray N (2004) A process study of entrepreneurial team formation: the case of a research-based spin-off. J Bus Ventur 19:55–79CrossRef Clarysse B, Moray N (2004) A process study of entrepreneurial team formation: the case of a research-based spin-off. J Bus Ventur 19:55–79CrossRef
Zurück zum Zitat Dosi G, Nelson RR, Winter SG (eds) (2000) The nature and dynamics of organizational capabilities. Oxford University Press, Oxford Dosi G, Nelson RR, Winter SG (eds) (2000) The nature and dynamics of organizational capabilities. Oxford University Press, Oxford
Zurück zum Zitat Doutriaux J (1987) Growth patterns of academic entrepreneurial firms. J Bus Ventur 2:285–297CrossRef Doutriaux J (1987) Growth patterns of academic entrepreneurial firms. J Bus Ventur 2:285–297CrossRef
Zurück zum Zitat Eisenhardt KM (1989) Building theories from case study research. Acad Manag Rev 14:488–511 Eisenhardt KM (1989) Building theories from case study research. Acad Manag Rev 14:488–511
Zurück zum Zitat Eisenhardt KM, Martin JA (2000) Dynamic capabilities: what are they? Strateg Manag J 21(Special Issue):1105–1121CrossRef Eisenhardt KM, Martin JA (2000) Dynamic capabilities: what are they? Strateg Manag J 21(Special Issue):1105–1121CrossRef
Zurück zum Zitat Fontes M (2005) The process of transformation of scientific and technological knowledge into economic value conducted by biotechnology spin-offs. Technovation 25:339–347CrossRef Fontes M (2005) The process of transformation of scientific and technological knowledge into economic value conducted by biotechnology spin-offs. Technovation 25:339–347CrossRef
Zurück zum Zitat Franklin SJ, Wright M, Lockett A (2001) Academic and surrogate entrepreneurship in university spin-out companies. J Technol Transf 26:127–141CrossRef Franklin SJ, Wright M, Lockett A (2001) Academic and surrogate entrepreneurship in university spin-out companies. J Technol Transf 26:127–141CrossRef
Zurück zum Zitat Helfat CE, Winter SG (2011) Untangling dynamic and operational capabilities: strategy for the (n)ever-changing world. Strateg Manag J 32:1243–1250CrossRef Helfat CE, Winter SG (2011) Untangling dynamic and operational capabilities: strategy for the (n)ever-changing world. Strateg Manag J 32:1243–1250CrossRef
Zurück zum Zitat Kogut B, Zander U (1992) Knowledge of the firm, combinative capabilities, and the replication of technology. Organ Sci 3(3):383–397CrossRef Kogut B, Zander U (1992) Knowledge of the firm, combinative capabilities, and the replication of technology. Organ Sci 3(3):383–397CrossRef
Zurück zum Zitat Kraatz MS, Moore JH (2002) Executive migration and institutional change. Acad Manag J 45:120–143CrossRef Kraatz MS, Moore JH (2002) Executive migration and institutional change. Acad Manag J 45:120–143CrossRef
Zurück zum Zitat Lambert Review (2003) Lambert review of business—university collaboration. UK HM Treasury Lambert Review (2003) Lambert review of business—university collaboration. UK HM Treasury
Zurück zum Zitat Murmann JP (2013) The coevolution of industries and important features of their environments. Organ Sci 24:58–78CrossRef Murmann JP (2013) The coevolution of industries and important features of their environments. Organ Sci 24:58–78CrossRef
Zurück zum Zitat Nelson RR, Sampat BN (2001) Making sense of institutions as factor shaping economic performance. J Econ Behav Organ 44:31–54CrossRef Nelson RR, Sampat BN (2001) Making sense of institutions as factor shaping economic performance. J Econ Behav Organ 44:31–54CrossRef
Zurück zum Zitat Paruchuri S, Eisenman M (2012) Microfoundations of firm R&D capabilities: a study of inventor networks in a merger. J Manag Stud 49:1509–1535CrossRef Paruchuri S, Eisenman M (2012) Microfoundations of firm R&D capabilities: a study of inventor networks in a merger. J Manag Stud 49:1509–1535CrossRef
Zurück zum Zitat Radosevich R (1995) A model for entrepreneurial spin-offs from public technology sources. Int J Technol Manag 10:879–893 Radosevich R (1995) A model for entrepreneurial spin-offs from public technology sources. Int J Technol Manag 10:879–893
Zurück zum Zitat Raffa M, Zollo G, Caponi R (1996) The development process of small firms. Entrep Reg Dev 4:359–371CrossRef Raffa M, Zollo G, Caponi R (1996) The development process of small firms. Entrep Reg Dev 4:359–371CrossRef
Zurück zum Zitat Rao H, Drazin R (2002) Overcoming resource constraints on product innovation by recruiting talent from rivals: a study of the mutual fund industry, 1986–94. Acad Manag J 45:491–507CrossRef Rao H, Drazin R (2002) Overcoming resource constraints on product innovation by recruiting talent from rivals: a study of the mutual fund industry, 1986–94. Acad Manag J 45:491–507CrossRef
Zurück zum Zitat Rizzo U (2014) Why do scientists create academic spin-offs? The influence of the context. J Technol Transf, forthcoming Rizzo U (2014) Why do scientists create academic spin-offs? The influence of the context. J Technol Transf, forthcoming
Zurück zum Zitat Rizzo U (2015) Entrepreneurial opportunity recognition and exploitation in academic spin-offs. In: Bonnet J, Dejardin M, de Lema DGP (eds) Exploring the entrepreneurial society. Institutions, Behaviors and Outcomes, Edward-Elgar, London Rizzo U (2015) Entrepreneurial opportunity recognition and exploitation in academic spin-offs. In: Bonnet J, Dejardin M, de Lema DGP (eds) Exploring the entrepreneurial society. Institutions, Behaviors and Outcomes, Edward-Elgar, London
Zurück zum Zitat Rizzo U, Freddi D, Ramaciotti L (2013a) The impact of new scientific knowledge on firms routines and capabilities. The case of mechatronics. Paper presented at the R&D management conference 2013, Manchester, UK Rizzo U, Freddi D, Ramaciotti L (2013a) The impact of new scientific knowledge on firms routines and capabilities. The case of mechatronics. Paper presented at the R&D management conference 2013, Manchester, UK
Zurück zum Zitat Rizzo U, Nicolli F, Ramaciotti L (2013b) The development process of new technology-based firms. Int J Entrep Innov Manag 17(4–6):352–369 Rizzo U, Nicolli F, Ramaciotti L (2013b) The development process of new technology-based firms. Int J Entrep Innov Manag 17(4–6):352–369
Zurück zum Zitat Rosenkopf L, Almeida P (2003) Overcoming local search through alliances and mobility. Manag Sci 49(6):751–766CrossRef Rosenkopf L, Almeida P (2003) Overcoming local search through alliances and mobility. Manag Sci 49(6):751–766CrossRef
Zurück zum Zitat Rosenkopf L, Nerkar A (2001) Beyond local search: boundary spanning, exploration and impact in the optical disc industry. Strateg Manag J 22:287–306CrossRef Rosenkopf L, Nerkar A (2001) Beyond local search: boundary spanning, exploration and impact in the optical disc industry. Strateg Manag J 22:287–306CrossRef
Zurück zum Zitat Song J, Almeida P, Wu G (2003) Learning-by-hiring: when is mobility more likely to facilitate interfirm knowledge transfer? Manag Sci 49(4):351–365CrossRef Song J, Almeida P, Wu G (2003) Learning-by-hiring: when is mobility more likely to facilitate interfirm knowledge transfer? Manag Sci 49(4):351–365CrossRef
Zurück zum Zitat Turner SF, Fern MJ (2012) Examining the stability and variability of routine performances: the effects of experience and context change. J Manag Stud 49:1407–1434CrossRef Turner SF, Fern MJ (2012) Examining the stability and variability of routine performances: the effects of experience and context change. J Manag Stud 49:1407–1434CrossRef
Zurück zum Zitat Tzabbar D, Aharonson BS, Amburgey LT (2013) When does tapping external sources of knowledge results in knowledge integration. Res Policy 42:481–494CrossRef Tzabbar D, Aharonson BS, Amburgey LT (2013) When does tapping external sources of knowledge results in knowledge integration. Res Policy 42:481–494CrossRef
Zurück zum Zitat Vendrell-Herrero F, Ortín-Ángel P (2014) University spin-offs vs other NTBFs: total factor productivity differences at outset and evolution. Technovation 34(2):101–112CrossRef Vendrell-Herrero F, Ortín-Ángel P (2014) University spin-offs vs other NTBFs: total factor productivity differences at outset and evolution. Technovation 34(2):101–112CrossRef
Zurück zum Zitat Vincett PS (2010) The economic impacts of academic spin-off companies, and their implications for public policy. Res Policy 39:736–747CrossRef Vincett PS (2010) The economic impacts of academic spin-off companies, and their implications for public policy. Res Policy 39:736–747CrossRef
Zurück zum Zitat Yin RK (1994) Case study research: design and methods, 3rd edn. Sage, London Yin RK (1994) Case study research: design and methods, 3rd edn. Sage, London
Metadaten
Titel
Recruitment Processes and Capability Development in Academic Spin-Offs: An Exploratory Work
verfasst von
Ugo Rizzo
Copyright-Jahr
2015
DOI
https://doi.org/10.1007/978-3-319-12871-9_8

Premium Partner