Process and Variance Research: Integrating Research on University Spinoff Evolution

Technovation, Forthcoming

47 Pages Posted: 19 Dec 2023

See all articles by Athira Bahuleyan

Athira Bahuleyan

Macquarie University, Macquarie Business School

Meena Chavan

Macquarie University, Macquarie Business School

Anna Krzeminska

Macquarie University

Francesco Chirico

Jonkoping University - Jonkoping International Business School (JIBS); Macquarie University, Macquarie Business School

Date Written: November 19, 2023

Abstract

University spinoffs (USOs) are firms created to commercialize research outcomes or innovative technologies developed by university members. This paper adopts a systematic literature review approach for exploring the trajectory of the USO research field. It categorizes the literature based on two perspectives: the process of how USOs develop and what factors can explain the variance of USO development; the paper critically examines the USO literature through these two lenses. By integrating these two perspectives and examining 120 peerreviewed journal articles published between 1987 and 2022, we develop a comprehensive model of USO development. The paper contributes to the extant literature on academic entrepreneurship by contending that while the “how” and “what” questions pose unique challenges for USO scholars, they cannot be separated because the process and variance models are complementary and important in advancing research on USOs. As such, we explore and identify specific factors that affect each of the distinct phases of the USO development at the institutional, organizational, and individual levels of analysis which form the basis for a rich future research agenda.

Suggested Citation

Bahuleyan, Athira and Chavan, Meena and Krzeminska, Anna and Chirico, Francesco and Chirico, Francesco, Process and Variance Research: Integrating Research on University Spinoff Evolution (November 19, 2023). Technovation, Forthcoming, Available at SSRN: https://ssrn.com/abstract=4637268 or http://dx.doi.org/10.2139/ssrn.4637268

Athira Bahuleyan

Macquarie University, Macquarie Business School ( email )

Meena Chavan

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

Anna Krzeminska

Macquarie University ( email )

North Ryde
Sydney, 2109
Australia

Francesco Chirico (Contact Author)

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

Jonkoping University - Jonkoping International Business School (JIBS) ( email )

Jönköping, 55111
Sweden

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