scholarly journals Technological Entrepreneurship in Regional Universities of Russia: Factors of Containment and Acceleration

2021 ◽  
Vol 7 (3) ◽  
pp. 170-187
Author(s):  
N. G. Kurakova ◽  
L. A. Tsvetkova
Keyword(s):  
High Tech ◽  
Economic Systems ◽  
Regional Economies ◽  
Educational Organizations ◽  
Key Factors ◽  
Entrepreneurial Ecosystems ◽  
Regional Universities ◽  
Technological Entrepreneurship ◽  
Start Ups

The role of universities in modern socio-economic systems of states is undergoing significant changes and involves the actualization of approaches to defining the functions of educational organizations. At the same time, university startups are viewed as the most dynamic elements of regional economies, capable of creating export-oriented science-intensive products and new high-tech jobs. Transformation and development of regional entrepreneurial ecosystems using as a trigger for academic entrepreneurship of universities to stimulate the powers of the subjects of the federation of the process of formation of start-ups by universities in cooperation with local or global enterprises of the real sector of the economy.The study aimed to analyze the factors that stimulate and hinder technological entrepreneurship in regional universities in Russia. A review of the approaches used in the world’s leading universities, creating successful entrepreneurial ecosystems, is carried out, the key factors that determine the productivity of such ecosystems are highlighted. It is noted that in most constituent entities of the Russian Federation, it is not possible to implement a set of basic factors that contribute to the involvement of RIA in the regional economy, including in local universities, as well as in horizontal network interaction of startups founded by graduates or employees of regional universities.The functions for the university’s management of the transformation of regional ecosystems in entrepreneurial universities and the formation of university ecosystems are proposed.

The Knowledge Basis of Development of Economic Systems in the Conditions of New Economy Formation

2018 ◽  
Vol 7 (2) ◽  
pp. 28-31 ◽  
Author(s):  
Олег Каленов ◽  
Oleg Kalenov
Keyword(s):  
Innovation System ◽  
New Economy ◽  
Main Tool ◽  
High Tech ◽  
Economic Systems ◽  
Knowledge Formation ◽  
Knowledge Circulation ◽  
Knowledge Intensive ◽  
Forms Of Knowledge

The article deals with the role of knowledge in the development of micro- and macroeconomic systems in the new economic realities. The author examines the forms of knowledge in the organization, gives a detailed description of them. It is emphasized that knowledge can be formed not only in knowledge-intensive and high-tech industries. At the same time, there is a two-way dependence: knowledge acts as both a resource and a product with its specific properties. The article describes 4 stages of knowledge circulation, gives the characteristics of the conditions without which the circulation cannot be fully implemented. The author highlights the main tool of knowledge formation-the national innovation system and indicates the balance of its basic elements: the state, science, education and business. In conclusion, the importance of knowledge in the processes of economic development is emphasized.

Role of Stock Markets in Stimulating Innovation Processes

2020 ◽  
Vol 64 (11) ◽  
pp. 31-41
Author(s):  
Z. Mamedyarov
Keyword(s):  
Stock Market ◽  
Mergers And Acquisitions ◽  
Stock Markets ◽  
Financial Sector ◽  
High Tech ◽  
Over The Counter ◽  
Financing Mechanism ◽  
Start Ups ◽  
The U.S

The paper deals with the role of the stock market in innovative development, basically in case of the U. S. The author shows how the NASDAQ has provided tangible financial incentives for growth of high-tech industries, emphasizes the relationship between innovation and the financial sector, the importance of competition for capital in technological development. It is shown that the development of NASDAQ and increased competition of stock markets allowed high-tech U.S. companies to benefit from country’s strong financial sector and specialized market structures. The prerequisites for the successful emergence of biotech and ICT start-ups, as well as the venture market in the U.S. are still strongly connected with stock markets. However, the comparative analysis also revealed growing global competition from the Chinese stock markets. At the same time, in the last decade a new bubble is emerging on the U.S. stock market, which, as shown by the analysis of the median revenues of the major companies, differs from similar situations before the dot-com crisis and before the 2008–2009 crisis. Revenues of the largest companies in recent years have been growing along with their capitalization, which suggests that the bubble may take much longer to collapse than before. The author also shows the intensification of competition between stock exchanges and over-the-counter financing mechanisms for innovative companies: SME acquisitions by major corporations, intensification of mergers and acquisitions around the world. The role of mergers and acquisitions, which have become an alternative to IPOs, has become increasingly important over the past decade as a financing mechanism for innovative companies. In the last decade, the ICT-companies have dominated by market capitalization and gained sufficient market power to meet the demand for new developments and acquisitions of start-ups. This over-the-counter financing mechanism increases market uncertainty and may contribute to suboptimal solutions in the high-tech sector. However, the author found that the observed decline in U.S. IPOs is primarily affecting the ICT sector, while pharmaceutical and biotech companies continue to be actively listed.

scholarly journals The Effect of Trust on Acquisition Success: The Case of Israeli Start-Up M&A

2018 ◽  
Vol 10 (7) ◽  
pp. 2499 ◽  
Author(s):  
Piotr Trąpczyński ◽  
Ofer Zaks ◽  
Jan Polowczyk
Keyword(s):  
Qualitative Study ◽  
High Tech ◽  
International Firms ◽  
Start Up ◽  
Frequent Failure ◽  
Start Ups ◽  
A Performance

Given the frequent failure of many M&A deals, the question of their sustainability is a critical one. Still, in existing literature, there is a visible emphasis on the perspective of the acquiring firm and its characteristics in affecting M&A performance. Moreover, the role of trust, both from the acquiring and acquired firms, has not received extensive attention to date. The present paper builds on a quantitative and qualitative study of Israeli high-tech start-ups acquired by international firms to explore the effects of trust on M&A success. Our study indicates that trust from acquired firm managers positively affects acquisition success, although trust from the acquiring firm (expressed with the autonomy that it leaves to the acquired firm) is not a significant predictor of acquisition success.

The Quotidian Labour of High Tech: Innovation and Ordinary Work in Shenzhen

2019 ◽  
Vol 24 (2) ◽  
pp. 218-236
Author(s):  
Hallam Stevens
Keyword(s):  
Developing Countries ◽  
Middle Class ◽  
Large Scale ◽  
High Tech ◽  
Small Scale ◽  
Small Enterprises ◽  
Lower Middle Class ◽  
Start Ups ◽  
Human Networks

The literature on the production of high-tech electronics in China—following a Silicon Valley model—focuses on either large-scale manufacturing or the role of start-ups and ‘makers’. The aim of this article is to turn to other kinds of spaces and work in the production of high-tech electronics. I focus here on three kinds of spaces in Shenzhen: the Huaqiangbei electronics market, small-scale factories and industrial design workshops. The electronics economy depends critically not just on ‘makers’ but on all kinds of other labour. In particular, it depends on lower middle-class and low-class work—devices made by small factories and shops, sold by small enterprises and designed for the less wealthy, especially in developing countries. The human networks that connect these individuals are critical to the size, speed and density of the markets, allowing devices to be built and shipped rapidly, for parts and customers to be available.

scholarly journals TCKF-Connect: A Cross-Disciplinary Conceptual Framework to Investigate Internationalization within the Context of Entrepreneurial Ecosystems

2019 ◽  
Vol 5 (2) ◽  
pp. 28 ◽  
Author(s):  
Laura van Schijndel
Keyword(s):  
Conceptual Framework ◽  
Knowledge Flows ◽  
Entrepreneurial Ecosystems ◽  
Policy Debates ◽  
Conceptual Paper ◽  
Research Questions ◽  
The Cross ◽  
Start Ups ◽  
Research And Policy

This conceptual paper examines the still under-researched phenomena associated with internationalization within the context of entrepreneurial ecosystems. Drawing on multiple literature streams, I develop TCKF-Connect, a cross-disciplinary conceptual framework to investigate how entrepreneurial ecosystems become globally connected, and how, in turn, an ecosystem’s global connectedness can drive and sustain the internationalization processes of innovative start-ups. I propose a distinction between entrepreneurial ecosystems’ connectivity and ecosystems’ connectedness, where the former is purported as a necessary but not sufficient condition to achieve the latter. The framework developed revolves around the role played by a specific “vehicle” of connectivity across entrepreneurial ecosystems, i.e., temporary clusters, as conceptualized by Maskell, Bathelt and Malmberg and focuses on the role of knowledge flows within temporary clusters and across the entrepreneurial ecosystems where the temporary clusters are nested. The cross-disciplinary conceptual framework developed contributes to both research and policy debates by underpinning the investigation of research questions to further our understanding of the interplay between internationalization of entrepreneurial ecosystems and internationalization of the start-ups nested within them. The article proposes a research agenda emanating from the application of the cross-disciplinary conceptual framework developed and suggests a methodology for the empirical investigation.

Knowledge Spillovers and Entrepreneurial Ecosystems: A Multiple Case Study on High-Tech Start-Ups

2020 ◽  
Vol 2020 (1) ◽  
pp. 17087
Author(s):  
Marco Antonio Cuvero ◽  
Maria Luisa Granados ◽  
Alan Pilkington ◽  
Richard Evans
Keyword(s):  
Knowledge Spillovers ◽  
Multiple Case Study ◽  
High Tech ◽  
Entrepreneurial Ecosystems ◽  
Multiple Case ◽  
Start Ups
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