On the 30th anniversary of enactment of the Bayh-Dole Act in the U.S., we consider the rationale for academic entrepreneurship and describe the evolving role of universities in the commercialization of research. We also discuss and appraise the effects of legislative reform in several OECD...

Academic entrepreneurship is a hot topic that is drawing increasing attention from policymakers, university administrators, and the scientists who engage in it. By adopting a process view of academic entrepreneurship, in this book, we aim to contribute to the conversation on how to effectively...

Despite a growing interest in academic spin-offs (ASOs), research has overlooked the determinants, strategies, and outcomes of their internationalization choices. In this chapter, we review existing literature on the topic of internationalization of ASOs, connecting it to international business...

The creation of University Spin-Off companies (USOs) is one of the most visible form of commercialization of university research. To date, there is scant and mixed evidence about USOs and their performance, thus producing a debate about their impact on the economy and society and about the...

In this paper, we analyze the extent to which University-Level Support Mechanisms (ULSMs) and Local-Context Support Mechanisms (LCSMs) complement or substitute for each other in fostering the creation of academic spin-offs. Using a sample of 404 companies spun off from the 64 Italian Science,...

We investigate the extent to which the signal and intrinsic value of a founder's endowments and relationships can reduce the uncertainty that a venture capital (VC) firm has for an academic startup and help the startup obtain VC funding to exploit a university-generated technology. Our study...

This paper addresses the role of incubators in new venture creation. A mapping of four different types of incubators is proposed. Corporate Private Incubators (CPIs), Independent Private Incubators (IPIs), Business Innovation Centers (BICs) and University Business Incubators (UBIs). We argue...

In this paper we study the determinants of corporate entrepreneurial intention (CEI) within small and newly established firms. Given that in these ventures entrepreneurial activities usually occur as a result of individuals' behaviors, the CEI of their founders is key to explaining these...