scholarly journals Universities and start-up creation by Ph.D. graduates: the role of scientific and social capital of academic laboratories

Author(s):  
Alessandro Muscio ◽  
Sotaro Shibayama ◽  
Laura Ramaciotti

AbstractThis paper investigates how the characteristics of university laboratories influence the propensity of Ph.D. students to entrepreneurship, and thus, contribute to the transfer of academic knowledge to society. As determinants of Ph.D. entrepreneurship, we focus on the lab scientific and social capital as well as on the business experience that Ph.D. students acquire during their training period. The empirical exercise is based on questionnaire survey data of 5266 Ph.D. students in Italian universities in all subject areas. First, we find that 6.7% of the Ph.D. graduates engage in startup activities, and thus, Ph.D. training seems to contribute to knowledge transfer through entrepreneurship. Second, Ph.D. entrepreneurship is driven by business experience, in the forms of industry collaboration and industrially applicable research projects, during their training period. Third, the lab scientific capital is negatively associated with Ph.D. entrepreneurship, suggesting a conflict between scientific excellence and entrepreneurship, but this effect is mitigated if students acquire business experience. Fourth, the lab social capital increases the chance of startup when students have business experience. We further investigate the effects of lab environment by distinguishing between startups that are based on university research and startups that are not, finding different determinants.

Author(s):  
Matteo Pedrini ◽  
Valentina Bramanti ◽  
Laura Maria Ferri ◽  
Marco Minciullo
Keyword(s):  

2020 ◽  
pp. 026666692097759
Author(s):  
Sarah Cummings ◽  
Suzanne Kiwanuka ◽  
Barbara Regeer

This article contributes to the emerging body of knowledge on the role of the private sector in knowledge brokering in international development because very little is known about the role of the private sector. It attempts to validate the findings of the only literature review to date (Kiwanuka et al, In Press) on the subject and other literature on knowledge brokering by consulting international experts in the field of knowledge brokering, identifying policy and research implications. The conceptual lens employed is the ‘extended’ Glegg and Hoens’ (2016) meta-framework of knowledge brokering, in combination with the cognitive, relational and structural aspects of social capital (Nahapiet and Ghoshal 1998). An online questionnaire survey was distributed to international experts in both the private, public and civil society sectors with some 203 respondents. The questions were developed on the basis of the literature. Respondents from the private sector and their colleagues from the public sector and civil society placed considerable emphasis on opportunities to meet, the existence of personal relationships and brokering by third parties as catalysts to working with the private sector. In addition to developing recommendations for policymakers, the paper has added to the emerging body of academic knowledge on the private sector as an unusual suspect in knowledge brokering and provides a conceptual framework linking social capital to knowledge brokering roles. Policymakers and funders can facilitate cooperation between the private sector and other development actors by creating physical spaces and funding instruments to encourage collaboration with the private sector. One of the novel findings is that the public sector needs to be better prepared to collaborate with the private sector.


2009 ◽  
Vol 17 (04) ◽  
pp. 473-495 ◽  
Author(s):  
MUHAMMAD AZAM ROOMI

Drawing upon the Churchill and Lewis stage growth model of enterprises, this study explains the role of social capital possessed by women entrepreneurs in different stages of growth within their firms. Friends and family as well as women-only networks in the start-up stage; customers, staff, and suppliers in the survival stage; mixed networks as well as business and professional advisers in the success and take-off stages; and suppliers and/or distributors in the maturity stage have been found to be the main sources of women entrepreneurs' social capital. In particular, the study highlights industry differences as well as norms of behavior based on trust and obligation through which they successfully transform their contacts into useful resources. The availability of these resources as well as access to information, advice, and ideas act as a catalyst in developing and growing their businesses.


10.5912/jcb98 ◽  
2004 ◽  
Vol 11 (1) ◽  
Author(s):  
Michael J Lynskey

Until recently, Japan had relatively few biotechnology start-up firms and they did not play a significant role in the commercialisation of university research results. This was surprising given the pivotal role ascribed to such firms elsewhere in the commercialisation of biotechnology. However, the system of university–industry collaboration, the management of intellectual property and the role of universities are undergoing significant transformation in Japan. These changes, and others in the financial and labour markets, are proving conducive to entrepreneurship. Consequently, there has been a dramatic increase in the number of biotechnology venture firms hoping to commercialise research results from universities.This paper gives an overview of these institutional transformations in the light of recent deregulation and legislative changes, and describes why 'bioventures' are a viable means to commercialise Japanese biotechnology discoveries. Examples are given of such bioventures, based on interviews conducted with the founders and chief scientists of these firms in Japan. Some of the salient characteristics of these firms are illustrated, including their use of university collaboration and ownership of intellectual property rights.


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