University Entrepreneurship: A Taxonomy of the Literature
Frank T. Rothaermel
Georgia Institute of Technology
Shanti Dewi Anak Agung Istri
Georgia Institute of Technology - College of Management
University of Missouri at Columbia - Department of Management
Industrial and Corporate Change, Vol. 16, 2007
The literature on university entrepreneurship is rapidly expanding, in both the United States and Europe. Since the literature is also fairly fragmented, however, we submit that it is time to take stock of the current knowledge to provide directions for future research and guideposts for policy makers. To accomplish this, we present an unusually comprehensive and detailed literature analysis of the stream of research on university entrepreneurship, now encompassing 173 articles published in a variety of academic journals. Four major research streams emerge in this area of study: (1) entrepreneurial research university, (2) productivity of technology transfer offices, (3) new firm creation, and (4) environmental context including networks of innovation. We inductively derive a framework describing the dynamic process of university entrepreneurship based on a synthesis of the literature. We submit that this framework is useful in guiding future research on this important, yet complex and under-researched topic.
Keywords: university entrepreneurship, academic entrepreneurship, technology transfer, technology transfer offices, incubators, science parks, research parks, university spin-outs, university spin-offs, new venture creation, networks of innovation
JEL Classification: I20, L32, L33, M1, M13, O31, O32, O33, O34, R11Accepted Paper Series
Date posted: December 19, 2006
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