Exploring the Entrepreneurial Society
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Exploring the Entrepreneurial Society

Institutions, Behaviors and Outcomes

Edited by Jean Bonnet, Marcus Dejardin and Domingo García-Pérez-De-Lema

Entrepreneurship is the engine of economic development, which in turn impacts upon the challenges facing future entrepreneurs. This timely book explores institutional, behavioural and policy issues of primary importance to understanding the entrepreneurial society. Topics covered include entrepreneurship in relation to formal and informal institutions; entrepreneurial choice, orientation and success; entrepreneurial behaviours; entrepreneurial finance, growth and economic crises; and entrepreneurship, social dimensions and outcomes.
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Chapter 10: Entrepreneurial opportunity recognition and exploitation in academic spin-offs

Ugo Rizzo


Ugo Rizzo considers academic spin-offs, i.e. businesses generated to put on the market research results developed within the academic environment. He examines how opportunities are recognized and exploited, and how they can be linked to the process of creation and development of academic spin-off firms. Analysing empirical material collected through interviews with academic spin-off firms of the University of Manchester (United Kingdom) leads to the conclusion that commercial and non-commercial academic spin-offs cannot be compounded. Even more heterogeneity can be suspected. This may have important implications, and definitely calls for further research.

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