University of Twente Student Theses


Fostering survival of university spin-offs

Nijhuis, Milan (2022) Fostering survival of university spin-offs.

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Abstract:Despite an increasing attention to creating university spin-offs (USOs) in the past years, the results remain rather disappointing, with many academic ventures failing to reach their objectives The purpose of this research study is to examine what competencies entrepreneurs need to develop in order to foster their startup survival and generated impact. This is researched by examining the impact of the degree of commercial expertise, resources made available by parent universities, the quality of an entrepreneur’s networks and the ability of the USO to acquire patents on the USO survival rate. By conducting interviews among entrepreneurs from Dutch USOs, this research study aims to help future entrepreneurs in setting up their business. Specifically, the findings indicate that the above mentioned factors all help in fostering USO survival, although some more than others. Commercial expertise and resources made available by parent universities are both very helpful in the early stages of development, though they could be compensated by high quality networks. Acquiring patents is crucial for tech USO in order to become a successful and sustainable business. This research study contributes to the academic entrepreneurship research field by building on previous research on these factors and the survival rate of USOs. This study also contributes relevant insights to entrepreneurs and managers of academic ventures by demonstrating the importance of USO determinants fostering the survival and growth of their USO.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
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