University as New Entrepreneurial Finance Player. What Role?
15 Pages Posted: 16 Apr 2018
Date Written: April 16, 2018
The European strategy is to promote new businesses as a real driver of economic growth, but also to support their growth and resilience. A typical kind of new business is the academic start-up they can play a strategical role on the local economy. Our paper investigates the academic start-ups strengths and weaknesses and the role that university can promote to support them in value creation. The authors tested the research question on a sample of start-ups of university of Pisa. Findings highlight important academic start-ups financial and not-financial goals useful to dialogue with entrepreneurial finance players. The research show also some vulnerabilities. In the conclusion, the role of university as new entrepreneurial player is discussed.
Keywords: entreprenurial finance, academic start-ups, value creation, university
JEL Classification: M13, M14, M38
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