Selected Essays of Dean A. Shepherd
Chapter 14: Strategic Entrepreneurship at Universities: Academic Entrepreneurs’ Assessment of Policy Programs
Since academic entrepreneurship is a substantial driver of economic growth and wealth creation (Shane, 2004a), policymakers in many countries and regions have introduced measures to support the formation of academics pin-off ventures (Lundström & Stevenson, 2005; Wright, Clarysse, Mustar, & Lockett, 2007). For example, governments provide academic entrepreneurs with initial financing opportunities and facilitate transfer of technologies developed at universities and public research institutes into new and innovative firms (Shane, 2004b; Wright et al.). The major goal of these measures is to motivate academics to become entrepreneurs and create new ventures.
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