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Building Innovation Capabilities: An Inquiry Into The Dynamic Growth Process Of University Spin-Outs In China

Author

Listed:
  • Y. ZHOU

    (School of Public Policy and Management, Tsinghua University, Beijing, China;
    Centre for Technology Management, Institute for Manufacturing, University of Cambridge, Cambridge, UK)

  • T. MINSHALL

    (Centre for Technology Management, Institute for Manufacturing, University of Cambridge, Cambridge, UK)

  • C. HAMPDEN-TURNER

    (Judge Business School, University of Cambridge, Cambridge, UK)

Abstract

This research aims to develop a conceptual framework in order to inquire into the dynamic growth process of university spin-outs (hereafter referred to as USOs) in China, attempting to understand the configuration of capabilities that are necessary for dynamic growth. Based on the extant literature and empirical cases, the study attempts to address the following question: How do USOs in China build and configure the innovation capabilities to cope with the dynamic growth? This paper aims to contribute to the existing literature by providing a theoretical discussion on the USOs' dynamic entrepreneurial process, by investigating the interconnections between innovation problem-solving and the required configuration of innovation capabilities in four growth phases. Further, it takes particular interest in the integrative capabilities and their impact on the USOs' entrepreneurial innovation process, in terms of knowledge integration, alliance, venture finance and venture governance. To date, studies have investigated the dynamic development process of USOs in China and have recognized the heterogeneity of USOs. Yet studies of capabilities that are required for rapid growth remain sparse. Addressing this research gap will be of great interest to entrepreneurs, policy-makers and venture investors.

Suggested Citation

  • Y. Zhou & T. Minshall & C. Hampden-Turner, 2010. "Building Innovation Capabilities: An Inquiry Into The Dynamic Growth Process Of University Spin-Outs In China," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 7(03), pages 273-302.
    • Handle: RePEc:wsi:ijitmx:v:07:y:2010:i:03:n:s0219877010002082
    DOI: 10.1142/S0219877010002082
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    References listed on IDEAS

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    1. Erik Stam & Elizabeth Garnsey, 2006. "New Firms Evolving in the Knowledge Economy: Problems and Solutions Around Turning Points," Chapters, in: Wilfred Dolfsma & Luc Soete (ed.), Understanding the Dynamics of a Knowledge Economy, chapter 4, Edward Elgar Publishing.
    2. Baldwin, John R. Gellatly, Guy, 2006. "Innovation Capabilities: The Knowledge Capital Behind the Survival and Growth of Firms," The Canadian Economy in Transition 2006013e, Statistics Canada, Economic Analysis Division.
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    Cited by:

    1. Aihua Chen & Donald Patton & Martin Kenney, 2016. "University technology transfer in China: a literature review and taxonomy," The Journal of Technology Transfer, Springer, vol. 41(5), pages 891-929, October.
    2. Ivano De Turi & Margaret Antonicelli, 2019. "Can the External Environment Generate Better Economic Performance in Academic Spin-Offs?," International Business Research, Canadian Center of Science and Education, vol. 12(11), pages 30-37, November.
    3. Stefano Poponi & Alessio Maria Braccini & Alessandro Ruggieri, 2017. "Key Success Factors Positively Affecting Organizational Performance of Academic Spin-Offs," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(05), pages 1-18, October.
    4. Ivano De Turi & Antonello Garzoni, 2018. "The Impact of the External Environment on the Growth of the Italian Academic Spin-Offs: A Cross-Sectional Analysis," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(8), pages 1-16, June.

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