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Academic Entrepreneurship in a Resource-Constrained Environment: Diversification and Synergistic Effects

In: Technology Transfer in a Global Economy

Author

Listed:
  • L. Ranmuthumalie Silva

    (University of Manchester)

  • Elvira Uyarra

    (University of Manchester)

  • Ray Oakey

    (University of Manchester)

Abstract

This chapter investigates academic entrepreneurship in a resource-­constrained environment. Sequential mixed methods are adopted in three stages, namely, an initial context-specific data-gathering stage, an on-line survey, and in-depth interviews. It is revealed that entrepreneurial activity is a means of becoming resource-rich in a resource-constrained environment. In order to extract value from their environment, academic entrepreneurs adopt diversification strategies, which generate synergies between multiple academic entrepreneurial activities. Diversifying into a greater number of different activities is found to generate more synergistic effects than diversifying into a limited number of similar activities. Nevertheless, there remain synergies between those who adopt different diversification strategies, which highlight the importance of a university having a team of different academic entrepreneurs, who complement each other. Policy implications and future research avenues are considered in conclusion.

Suggested Citation

  • L. Ranmuthumalie Silva & Elvira Uyarra & Ray Oakey, 2012. "Academic Entrepreneurship in a Resource-Constrained Environment: Diversification and Synergistic Effects," International Studies in Entrepreneurship, in: David B. Audretsch & Erik E. Lehmann & Albert N. Link & Alexander Starnecker (ed.), Technology Transfer in a Global Economy, edition 127, chapter 0, pages 73-97, Springer.
    • Handle: RePEc:spr:inschp:978-1-4614-6102-9_5
    DOI: 10.1007/978-1-4614-6102-9_5
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    Cited by:

    1. Nora Hesse & Rolf Sternberg, 2017. "Alternative growth patterns of university spin-offs: why so many remain small?," International Entrepreneurship and Management Journal, Springer, vol. 13(3), pages 953-984, September.
    2. Jinhyo Joseph Yun & EuiSeob Jeong & YoungKyu Lee & KyungHun Kim, 2018. "The Effect of Open Innovation on Technology Value and Technology Transfer: A Comparative Analysis of the Automotive, Robotics, and Aviation Industries of Korea," Sustainability, MDPI, vol. 10(7), pages 1-16, July.
    3. R.N. , Weerasinghe & A.K.W. , Jayawardane & U.A.S., Yapa, 2021. "The Impact Of Open Innovation Practices And Moderating Effect Of Inter-Organizational Networks On Innovation Performance Of Large Firms In Sri Lanka," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 21(3), pages 29-58.

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