Research Handbook on Start-Up Incubation Ecosystems
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Research Handbook on Start-Up Incubation Ecosystems

Edited by Adam Novotny, Einar Rasmussen, Tommy H. Clausen and Johan Wiklund

This insightful and comprehensive Handbook explores the concept of start-up incubation ecosystems, investigating the various factors that interact to provide a nurturing environment suitable for the successful development of start-ups and illustrating the critical part this plays within entrepreneurial ecosystems. Chapters include literature reviews, theoretical studies, and empirical research featuring both quantitative and qualitative methods, using data from a range of countries analyzed by an international team of authors.
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Chapter 21: The academic entrepreneurship ecosystem: The role of the university for societal impact of academic spin-offs

Anders Billström

Abstract

Policy makers and scholars assume that academic spin-offs, which are firms commercializing university knowledge, grow financially and contribute to economic development. However, a few studies have recently discovered that these firms also create societal impact. This study develops a conceptual framework of the academic entrepreneurship ecosystem and in particular the role of the university in creating societal impact of academic spin-offs. This study employs a case study design of academic spin-offs and firms spinning off from universities and research institutes, in Norway. The results show that the ecosystem and the university are key actors together with business actors in creating societal impact of academic spin-offs. These interactions create a system of societal development. The study extends research on academic entrepreneurship ecosystems and societal impact. Research and policy implications are provided.

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