University of Twente Student Theses
The Success Formula for University Spin-Off Founders : how entrepreneurial characteristics can influence university spin-off success throughout different stages of the process
Klooster, Noa van der (2022) The Success Formula for University Spin-Off Founders : how entrepreneurial characteristics can influence university spin-off success throughout different stages of the process.
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| Abstract: | Academic entrepreneurship has gained an increasing relevance, fostering the research field of university spin-offs (USOs). While the technological, social and economic importance of USOs is being emphasized in literature, many actual USOs continue to fail either at an early stage or fail to become impactful. Thus, to decrease this failure rate of USOs, this paper seeks to provide in-depth insights into the influence that the characteristics of an entrepreneur have on the success of their USO, throughout different phases of the process. Qualitative research methods are used to form a deeper understanding of the underlaying mechanisms of entrepreneurial characteristics. To conduct this research, high knowledgeable USO founders, which practical experiences and relevant insights are interviewed, after which the interview results are validated by experts in the field. The results indicate that different entrepreneurial characteristics are important during different stages of the USO process. Moreover, the results show that some characteristics have the potential to be both helpful and harmful. Not only do these findings build on to existing literature by combining previous literature with practical knowledge and experiences, these findings also have practical implications for academic entrepreneurs engaging in (early stage) USOs, providing insights that can be used as guidelines. |
| Item Type: | Essay (Master) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 85 business administration, organizational science |
| Programme: | Business Administration MSc (60644) |
| Link to this item: | https://purl.utwente.nl/essays/92748 |
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