The Transformation of Network Ties to Develop Entrepreneurial Competencies for University Spin-Offs

Rasmussen, E., Mosey, S., & Wright, M. (2015). The transformation of network ties to develop entrepreneurial competencies for university spin-offs. Entrepreneurship & Regional Development, 27(7-8), 430-457. DOI:10.1080/08985626.2015.1070536

44 Pages Posted: 22 Oct 2016

See all articles by Einar Rasmussen

Einar Rasmussen

Nord Universtiy

Simon Mosey

University of Nottingham - Institute for Enterprise and Innovation

Mike Wright

Imperial College London

Date Written: October 21, 2015

Abstract

Social networks are integral to the emergence and development of new ventures but the temporal utility of networks is poorly understood. We consider the initial development of four university spin-offs and examine the formation and development of network ties to construct valuable entrepreneurial competencies. We develop a conceptual framework that explains how strong and weak network ties are strategically transformed in terms of strength and purpose depending on the type of competency sought and the business development need. We conclude that theoretical explanations of the new venture formation process need to incorporate not only network formation but also the role of network tie transformations.

Keywords: academic entrepreneurship, entrepreneurial competencies, network ties, resource acquisition, university spin-off ventures

Suggested Citation

Rasmussen, Einar and Mosey, Simon and Wright, Mike, The Transformation of Network Ties to Develop Entrepreneurial Competencies for University Spin-Offs (October 21, 2015). Rasmussen, E., Mosey, S., & Wright, M. (2015). The transformation of network ties to develop entrepreneurial competencies for university spin-offs. Entrepreneurship & Regional Development, 27(7-8), 430-457. DOI:10.1080/08985626.2015.1070536, Available at SSRN: https://ssrn.com/abstract=2857083

Einar Rasmussen (Contact Author)

Nord Universtiy ( email )

Post Office Box 1490
Bodø, Nordland 8049
Norway

Simon Mosey

University of Nottingham - Institute for Enterprise and Innovation ( email )

Jubilee Campus
Wollaton Road
Nottingham, NG8 1BB
United Kingdom
+44 0 115 951 3763 (Phone)

Mike Wright

Imperial College London ( email )

South Kensington Campus
Exhibition Road
London, Greater London SW7 2AZ
United Kingdom

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