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An Empirical Study on Sustainable Innovation Academic Entrepreneurship Process Model

Author

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  • Xiao-Duo Qian

    (School of Economics and Business Administration, Chongqing University, Chongqing 400044, China)

  • Jing Xia

    (School of Economics and Business Administration, Chongqing University, Chongqing 400044, China)

  • Wei Liu

    (School of Economics and Business Administration, Chongqing University, Chongqing 400044, China)

  • Sang-Bing Tsai

    (Zhongshan Institute, University of Electronic Science and Technology of China, Guangzhou 528400, China
    College of Business Administration, Capital University of Economics and Business, Beijing 100070, China)

Abstract

As academic entrepreneurs, university faculty members and researchers with rich knowledge resources play an important role in the technology commercialization process, and in the creation and development of university spinoff enterprises. In this paper, we used a case study method to construct a sustainable innovative academic entrepreneurship process model from the perspective of entrepreneurial behavior. Then, we used this model to provide a deeper understanding of the activities and roles of academic entrepreneurs. This paper also expounded the process of value creation that is a result of sustainable innovative academic entrepreneurship, and compared and analyzed three types of university technology commercialization models. Our results showed that in the sustainable innovative academic entrepreneurship process model, the motivation of academic entrepreneurs leads them to play multiple roles as academic researchers, enterprise founders, and enterprise managers. In creating enterprises as the founders, and establishing and developing their enterprises, academic entrepreneurs realize the commercial value of the technology, while also incrementing their personal value. The sustainable innovative academic entrepreneurship process model provides a new path for effective transfer of technological innovations from academic research to the commercial market, creates social as well as economic value, and promotes regional economic development.

Suggested Citation

  • Xiao-Duo Qian & Jing Xia & Wei Liu & Sang-Bing Tsai, 2018. "An Empirical Study on Sustainable Innovation Academic Entrepreneurship Process Model," Sustainability, MDPI, vol. 10(6), pages 1-15, June.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:6:p:1974-:d:152076
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    References listed on IDEAS

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    Cited by:

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    2. Maribel Guerrero & David Urbano, 2019. "Effectiveness of technology transfer policies and legislation in fostering entrepreneurial innovations across continents: an overview," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1347-1366, October.
    3. Ozen, Cagla & Owaishiz, Abdalilah & Dabic, Marina & Daim, Tugrul, 2023. "Exploring entrepreneurship in the academic environment," Technology in Society, Elsevier, vol. 72(C).
    4. Antonio Padilla-Meléndez & Ana Rosa Del Aguila-Obra & Nigel Lockett & Elena Fuster, 2020. "Entrepreneurial Universities and Sustainable Development. The Network Bricolage Process of Academic Entrepreneurs," Sustainability, MDPI, vol. 12(4), pages 1-17, February.
    5. Insu Cho & Young Hoon Kwak & Jaehyeon Jun, 2019. "Sustainable Idea Development Mechanism in University Technology Commercialization (UTC): Perspectives from Dynamic Capabilities Framework," Sustainability, MDPI, vol. 11(21), pages 1-16, November.
    6. Sandeep Singhai & Ritika Singh & Harish Kumar Sardana & Anuradha Madhukar, 2021. "Analysis of Factors Influencing Technology Transfer: A Structural Equation Modeling Based Approach," Sustainability, MDPI, vol. 13(10), pages 1-15, May.
    7. Kevin Reuther & Yngve Dahle & Carolin Schmidt & Franziska Schösser, 2023. "Motivational Facets of Sustainable Entrepreneurship: A Systematic Review and Future Research Agenda," Sustainability, MDPI, vol. 15(3), pages 1-23, January.

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