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The challenging life of university start-ups - The different view of value creation in a policy setting compared to a business setting

Shih, Tommy LU and Waluszewski, Alexandra (2017)
Abstract
University start-ups are, in the Organisation for Economic Co-operation and Development (OECD) and European Union (EU) policy setting, viewed as important means to transform scientific advances into innovations, corresponding both to market and societal needs (Mowery & Sampat, 2005; Rider, Hasselberg, & Waluszewski, 2013). The high expectations on the ability to directly transform social and material resources, valuable in an academic research setting, into new products/services to contribute possible value in a business setting are rooted in the so-called 1990s science and innovation policy doctrine, with the OECD as its most prominent advocate (Eklund, 2007; Waluszewski, 2011). The doctrine points to university research as an... (More)
University start-ups are, in the Organisation for Economic Co-operation and Development (OECD) and European Union (EU) policy setting, viewed as important means to transform scientific advances into innovations, corresponding both to market and societal needs (Mowery & Sampat, 2005; Rider, Hasselberg, & Waluszewski, 2013). The high expectations on the ability to directly transform social and material resources, valuable in an academic research setting, into new products/services to contribute possible value in a business setting are rooted in the so-called 1990s science and innovation policy doctrine, with the OECD as its most prominent advocate (Eklund, 2007; Waluszewski, 2011). The doctrine points to university research as an important but underutilised direct source of innovation for growth and societal welfare. In the wake of this policy regime, a number of measures have been undertaken to stimulate the commercialisation of research results, with the establishment of university start-ups as a key measure. (Less)
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author
and
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
host publication
Starting up in business networks : Why Relationships Matter in Entrepreneurship - Why Relationships Matter in Entrepreneurship
editor
Aaboen, Lise ; Lind, Frida ; La Rocca, Antonella ; Perna, Andrea and Shih, Tommy
publisher
Palgrave Macmillan
ISBN
978-1-137-52714-1
9781137527196
language
English
LU publication?
yes
id
bea401ab-6207-4306-8c8c-2d7a054786b6
date added to LUP
2016-04-12 07:10:04
date last changed
2025-12-04 11:08:36
@inbook{bea401ab-6207-4306-8c8c-2d7a054786b6,
  abstract     = {{University start-ups are, in the Organisation for Economic Co-operation and Development (OECD) and European Union (EU) policy setting, viewed as important means to transform scientific advances into innovations, corresponding both to market and societal needs (Mowery & Sampat, 2005; Rider, Hasselberg, & Waluszewski, 2013). The high expectations on the ability to directly transform social and material resources, valuable in an academic research setting, into new products/services to contribute possible value in a business setting are rooted in the so-called 1990s science and innovation policy doctrine, with the OECD as its most prominent advocate (Eklund, 2007; Waluszewski, 2011). The doctrine points to university research as an important but underutilised direct source of innovation for growth and societal welfare. In the wake of this policy regime, a number of measures have been undertaken to stimulate the commercialisation of research results, with the establishment of university start-ups as a key measure.}},
  author       = {{Shih, Tommy and Waluszewski, Alexandra}},
  booktitle    = {{Starting up in business networks : Why Relationships Matter in Entrepreneurship}},
  editor       = {{Aaboen, Lise and Lind, Frida and La Rocca, Antonella and Perna, Andrea and Shih, Tommy}},
  isbn         = {{978-1-137-52714-1}},
  language     = {{eng}},
  publisher    = {{Palgrave Macmillan}},
  title        = {{The challenging life of university start-ups - The different view of value creation in a policy setting compared to a business setting}},
  year         = {{2017}},
}