Edited by Adam Novotny, Einar Rasmussen, Tommy H. Clausen and Johan Wiklund
Chapter 23: Motivating universities to support spin-off firms: Stakeholders and start-up incubation ecosystems
Some universities and departments constitute supportive environments for the creation of successful university spin-off firms (USOs). How universities support USOs has been frequently studied, but in this chapter we argue that it is difficult to transfer successful blueprints from one context to another without understanding why universities support USOs and what these firms need. We discuss the entrepreneurial competencies needed by USOs and the universities’ motivation to spend scarce resources on supporting USOs. We arrive at an understanding of a wider start-up incubation ecosystem (SUPIE) for USOs where universities provide complex services influenced by a variety of stakeholders. We outline the scope for future research and policy where USOs are understood as a stakeholder for the university, with relationships to a wider network of stakeholders, that together form a SUPIE.
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