University of Twente Student Theses
Success and Failure in USO Founding. Analyzing individual factors that can facilitate the allocation of funds to University spin-offs
Lazar, Calin (2022) Success and Failure in USO Founding. Analyzing individual factors that can facilitate the allocation of funds to University spin-offs.
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Abstract: | This research study responds to increasing attention to the importance of academic entrepreneurship and university spin-offs (USOs) in particular. Receiving funding for a USO is one of the most important steps in overcoming the threshold of credibility in order to foster further scaling and successful development. It is past this stage where the firm has the opportunity of reorganizing itself to reach more than just the local markets, but the national or international ones, and therefore create a substantial impact. Yet, despite the existing knowledge and available support mechanisms, this remains a challenging task. Thus, this study addresses the impact of individual competencies on successful funding allocation. To address this challenge, this study benefits from interviews with prominent figures in the industry to create novel and in-depth insights into the early stages of academic venturing. The results indicate that certain competencies have a greater impact than others and are worthwhile developing as they can drastically increase the likelihood of success. This research study contributes to the academic entrepreneurship research field by bringing light to the importance of individual competencies regarding funding acquisition and also entrepreneurs by raising awareness on the matter |
Item Type: | Essay (Bachelor) |
Faculty: | BMS: Behavioural, Management and Social Sciences |
Subject: | 85 business administration, organizational science |
Programme: | International Business Administration BSc (50952) |
Link to this item: | https://purl.utwente.nl/essays/91322 |
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