IDEAS home Printed from https://ideas.repec.org/a/eee/teinso/v63y2020ics0160791x19305676.html
   My bibliography  Save this article

Incubation of technology-based student ventures: The importance of networking and team recruitment

Author

Listed:
  • Haneberg, Dag Håkon
  • Aaboen, Lise

Abstract

Student entrepreneurship is an important but not well-studied field of research. Student venturing activity is characterized by the lack of experience and expertise among founders, which is a critical barrier in technology-based venturing. Through an in-depth qualitative study of a student venture incubation initiative, the present paper finds that to support student ventures in overcoming this barrier, the recruitment of skilled students with sufficient technical knowledge is the most essential. Several different actors are involved in the process, and the support for student ventures tends to be informal and need-driven rather than structured, formal, and university-prescribed. The multiple actors, both internal and external to the university, are complementary for student venture incubation. This perspective indicates the need for university managers and policy makers to support several multiple actors. Value creation from student entrepreneurship could further be boosted by improved team recruitment activities such as matchmaking events and other networking activities at the university.

Suggested Citation

  • Haneberg, Dag Håkon & Aaboen, Lise, 2020. "Incubation of technology-based student ventures: The importance of networking and team recruitment," Technology in Society, Elsevier, vol. 63(C).
    • Handle: RePEc:eee:teinso:v:63:y:2020:i:c:s0160791x19305676
    DOI: 10.1016/j.techsoc.2020.101402
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0160791X19305676
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techsoc.2020.101402?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Clarysse, Bart & Wright, Mike & Bruneel, Johan & Mahajan, Aarti, 2014. "Creating value in ecosystems: Crossing the chasm between knowledge and business ecosystems," Research Policy, Elsevier, vol. 43(7), pages 1164-1176.
    2. Sarfraz Mian & Wadid Lamine & Alain Fayolle, 2016. "Technology Business Incubation: An overview of the state of knowledge," Post-Print hal-02014389, HAL.
    3. Halili, Zahra, 2020. "Identifying and ranking appropriate strategies for effective technology transfer in the automotive industry: Evidence from Iran," Technology in Society, Elsevier, vol. 62(C).
    4. Sascha G. Walter & K. Praveen Parboteeah & Achim Walter, 2013. "University Departments and Self–Employment Intentions of Business Students: A Cross–Level Analysis," Entrepreneurship Theory and Practice, , vol. 37(2), pages 175-200, March.
    5. Heiko Bergmann & Christian Hundt & Rolf Sternberg, 2016. "What makes student entrepreneurs? On the relevance (and irrelevance) of the university and the regional context for student start-ups," Small Business Economics, Springer, vol. 47(1), pages 53-76, June.
    6. Holgersson, Marcus & Aaboen, Lise, 2019. "A literature review of intellectual property management in technology transfer offices: From appropriation to utilization," Technology in Society, Elsevier, vol. 59(C).
    7. Maribel Guerrero & David Urbano & Alain Fayolle & Magnus Klofsten & Sarfraz Mian, 2016. "Entrepreneurial universities : emerging models in the new social and economic landscape," Post-Print hal-02313440, HAL.
    8. Mike Wright & Donald S. Siegel & Philippe Mustar, 2017. "An emerging ecosystem for student start-ups," The Journal of Technology Transfer, Springer, vol. 42(4), pages 909-922, August.
    9. Andreas Oehler & Andreas Höfer & Henrik Schalkowski, 2015. "Entrepreneurial education and knowledge: empirical evidence on a sample of German undergraduate students," The Journal of Technology Transfer, Springer, vol. 40(3), pages 536-557, June.
    10. Valentina Ndou & Giustina Secundo & Giovanni Schiuma & Giuseppina Passiante, 2018. "Insights for Shaping Entrepreneurship Education: Evidence from the European Entrepreneurship Centers," Sustainability, MDPI, vol. 10(11), pages 1-19, November.
    11. Steruska, Jana & Simkova, Nikola & Pitner, Tomas, 2019. "Do science and technology parks improve technology transfer?," Technology in Society, Elsevier, vol. 59(C).
    12. Baraldi, Enrico & Ingemansson Havenvid, Malena, 2016. "Identifying new dimensions of business incubation: A multi-level analysis of Karolinska Institute's incubation system," Technovation, Elsevier, vol. 50, pages 53-68.
    13. Coccia, Mario, 2019. "Why do nations produce science advances and new technology?," Technology in Society, Elsevier, vol. 59(C).
    14. Danny Soetanto & Sarah Jack, 2013. "Business incubators and the networks of technology-based firms," The Journal of Technology Transfer, Springer, vol. 38(4), pages 432-453, August.
    15. Susanne Ollila & Karen Williams-Middleton, 2011. "The venture creation approach: integrating entrepreneurial education and incubation at the university," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 13(2), pages 161-178.
    16. Maribel Guerrero & David Urbano & Alain Fayolle & Magnus Klofsten & Sarfraz Mian, 2016. "Entrepreneurial universities: emerging models in the new social and economic landscape," Small Business Economics, Springer, vol. 47(3), pages 551-563, October.
    17. Staffan Jacobsson & Eugenia Perez Vico & Hans Hellsmark, 2014. "The many ways of academic researchers: How is science made useful?," Science and Public Policy, Oxford University Press, vol. 41(5), pages 641-657.
    18. Wai Fong Boh & Uzi De-Haan & Robert Strom, 2016. "University technology transfer through entrepreneurship: faculty and students in spinoffs," The Journal of Technology Transfer, Springer, vol. 41(4), pages 661-669, August.
    19. Christopher S. Hayter, 2016. "A trajectory of early-stage spinoff success: the role of knowledge intermediaries within an entrepreneurial university ecosystem," Small Business Economics, Springer, vol. 47(3), pages 633-656, October.
    20. Berna Beyhan & Derya Findik, 2018. "Student and graduate entrepreneurship: ambidextrous universities create more nascent entrepreneurs," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1346-1374, October.
    21. Sarfraz Mian & Wadid Lamine & Alain Fayolle, 2016. "Technology Business Incubation : An overview of the state of knowledge," Post-Print hal-02313371, HAL.
    22. Åstebro, Thomas & Bazzazian, Navid & Braguinsky, Serguey, 2012. "Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy," Research Policy, Elsevier, vol. 41(4), pages 663-677.
    23. Christopher S. Hayter & Roman Lubynsky & Spiro Maroulis, 2017. "Who is the academic entrepreneur? The role of graduate students in the development of university spinoffs," The Journal of Technology Transfer, Springer, vol. 42(6), pages 1237-1254, December.
    24. Caldera, Aida & Debande, Olivier, 2010. "Performance of Spanish universities in technology transfer: An empirical analysis," Research Policy, Elsevier, vol. 39(9), pages 1160-1173, November.
    25. Mian, Sarfraz & Lamine, Wadid & Fayolle, Alain, 2016. "Technology Business Incubation: An overview of the state of knowledge," Technovation, Elsevier, vol. 50, pages 1-12.
    26. Maribel Guerrero & David Urbano & Alain Fayolle & Magnus Klofsten & Sarfraz Mian, 2016. "Entrepreneurial universities : emerging models in the new social and economic landscape," Post-Print hal-01988263, HAL.
    27. Oh, Deog-Seong & Phillips, Fred & Park, Sehee & Lee, Eunghyun, 2016. "Innovation ecosystems: A critical examination," Technovation, Elsevier, vol. 54(C), pages 1-6.
    28. Wonglimpiyarat, Jarunee, 2016. "The innovation incubator, university business incubator and technology transfer strategy: The case of Thailand," Technology in Society, Elsevier, vol. 46(C), pages 18-27.
    29. Sean M. Hackett & David M. Dilts, 2004. "A Real Options-Driven Theory of Business Incubation," The Journal of Technology Transfer, Springer, vol. 29(1), pages 41-54, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Trunina, Anna & Ashourizadeh, Shayegheh, 2021. "Business model-network interactions: Comparative case studies from Zhongguancun and Silicon Valley," Technology in Society, Elsevier, vol. 65(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Charlene L. Nicholls-Nixon & Dave Valliere & Steven A. Gedeon & Sean Wise, 2021. "Entrepreneurial ecosystems and the lifecycle of university business incubators: An integrative case study," International Entrepreneurship and Management Journal, Springer, vol. 17(2), pages 809-837, June.
    2. Centobelli, Piera & Cerchione, Roberto & Esposito, Emilio & Shashi,, 2019. "Exploration and exploitation in the development of more entrepreneurial universities: A twisting learning path model of ambidexterity," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 172-194.
    3. Klofsten, Magnus & Fayolle, Alain & Guerrero, Maribel & Mian, Sarfraz & Urbano, David & Wright, Mike, 2019. "The entrepreneurial university as driver for economic growth and social change - Key strategic challenges," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 149-158.
    4. Christopher S. Hayter & Andrew J. Nelson & Stephanie Zayed & Alan C. O’Connor, 2018. "Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature," The Journal of Technology Transfer, Springer, vol. 43(4), pages 1039-1082, August.
    5. Desislava Yordanova & José António Filipe & Manuel Pacheco Coelho, 2020. "Technopreneurial Intentions among Bulgarian STEM Students: The Role of University," Sustainability, MDPI, vol. 12(16), pages 1-19, August.
    6. Dipan Kumar Sahu & Sucheta Pawar & Prerna Gaur & Sudhir K. Jain, 2023. "Entrepreneurial Engagement of Faculty in Higher Educational Institutions: A Review of Literature 2011–2023," Paradigm, , vol. 27(2), pages 153-171, December.
    7. Igors Skute, 2019. "Opening the black box of academic entrepreneurship: a bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(1), pages 237-265, July.
    8. Natalya Radko & Maksim Belitski & Yelena Kalyuzhnova, 2023. "Conceptualising the entrepreneurial university: the stakeholder approach," The Journal of Technology Transfer, Springer, vol. 48(3), pages 955-1044, June.
    9. Fuster, Elena & Padilla-Meléndez, Antonio & Lockett, Nigel & del-Águila-Obra, Ana Rosa, 2019. "The emerging role of university spin-off companies in developing regional entrepreneurial university ecosystems: The case of Andalusia," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 219-231.
    10. Good, Matthew & Knockaert, Mirjam & Soppe, Birthe & Wright, Mike, 2019. "The technology transfer ecosystem in academia. An organizational design perspective," Technovation, Elsevier, vol. 82, pages 35-50.
    11. Wakkee, Ingrid & van der Sijde, Peter & Vaupell, Christiaan & Ghuman, Karminder, 2019. "The university's role in sustainable development: Activating entrepreneurial scholars as agents of change," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 195-205.
    12. Valentina Ndou & Giustina Secundo & Giovanni Schiuma & Giuseppina Passiante, 2018. "Insights for Shaping Entrepreneurship Education: Evidence from the European Entrepreneurship Centers," Sustainability, MDPI, vol. 10(11), pages 1-19, November.
    13. Mingfeng Tang & Hao Huang & Grace Walsh & Maribel Guerrero, 2023. "The impact of entrepreneurial overconfidence on incubator effectiveness," The Journal of Technology Transfer, Springer, vol. 48(1), pages 416-440, February.
    14. van Weele, Marijn & van Rijnsoever, Frank J. & Nauta, Frans, 2017. "You can't always get what you want: How entrepreneur's perceived resource needs affect the incubator's assertiveness," Technovation, Elsevier, vol. 59(C), pages 18-33.
    15. Chan, Yolande E. & Krishnamurthy, Rashmi & Sadreddin, Arman, 2022. "Digitally-enabled university incubation processes," Technovation, Elsevier, vol. 118(C).
    16. Bo Liu & Yun-Fei Shao & Guowei Liu & Debing Ni, 2022. "An Evolutionary Analysis of Relational Governance in an Innovation Ecosystem," SAGE Open, , vol. 12(2), pages 21582440221, April.
    17. Daniela Mihaela Neamþu & Ruxandra Bejinaru & Cristian Valentin Hapenciuc & Iulian Condratov & Pavel Stanciu, 2020. "Analysis and Modelling of Influence Factors in the Configuration of a Sustainable University. Case Study: “?tefan cel Mare” University of Suceava," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(54), pages 391-391, April.
    18. Amandine Maus & Sylvie Sammut, 2018. "Business model innovation in incubators: the role played by dynamic capabilities theory," Post-Print hal-02466175, HAL.
    19. Meoli, Azzurra & Fini, Riccardo & Sobrero, Maurizio & Wiklund, Johan, 2020. "How entrepreneurial intentions influence entrepreneurial career choices: The moderating influence of social context," Journal of Business Venturing, Elsevier, vol. 35(3).
    20. Peter T. Gianiodis & William R. Meek, 2020. "Entrepreneurial education for the entrepreneurial university: a stakeholder perspective," The Journal of Technology Transfer, Springer, vol. 45(4), pages 1167-1195, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:teinso:v:63:y:2020:i:c:s0160791x19305676. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/technology-in-society .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.