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The evolution of entrepreneurial competencies: a longitudinal study of University spin-off venture emergence

Einar Rasmussen, Simon Mosey and Mike Wright (2011) JOURNAL OF MANAGEMENT STUDIES. 48(6). p.1314-1345
abstract
This paper aims to better understand the development of entrepreneurial competencies to create new ventures within the non-commercial academic environment. We build upon the evolutionary perspective considering where resources come from to help define these competencies and explain their paths of development. The study follows the creation and early growth of four university spin-offs within the UK and Norway. We identified three competencies of opportunity refinement, leveraging, and championing that appeared crucial for the ventures to gain credibility. Although selected competencies were inherent within the academic founders, the specific competencies for venture creation had to be developed or acquired. This was achieved iteratively through entrepreneurial experience and accessing competencies from disparate actors such as industry partners and equity investors. Propositions are offered to guide future empirical research based upon our framework.
Please use this url to cite or link to this publication:
author
organization
year
type
journalArticle (original)
publication status
published
subject
keyword
FIRM, CREATION, PROCESS MODEL, OUT COMPANIES, RESEARCH INSTITUTIONS, TECHNOLOGY COMMERCIALIZATION, RESOURCE-BASED THEORY, START-UPS, INNOVATION, KNOWLEDGE
journal title
JOURNAL OF MANAGEMENT STUDIES
J. Manage. Stud.
volume
48
issue
6
pages
1314 - 1345
Web of Science type
Article
Web of Science id
000293068800008
JCR category
BUSINESS
JCR impact factor
4.255 (2011)
JCR rank
5/113 (2011)
JCR quartile
1 (2011)
ISSN
0022-2380
DOI
10.1111/j.1467-6486.2010.00995.x
language
English
UGent publication?
no
classification
A1
copyright statement
I have transferred the copyright for this publication to the publisher
id
2049588
handle
http://hdl.handle.net/1854/LU-2049588
date created
2012-02-28 15:42:47
date last changed
2016-12-19 15:42:22
@article{2049588,
  abstract     = {This paper aims to better understand the development of entrepreneurial competencies to create new ventures within the non-commercial academic environment. We build upon the evolutionary perspective considering where resources come from to help define these competencies and explain their paths of development. The study follows the creation and early growth of four university spin-offs within the UK and Norway. We identified three competencies of opportunity refinement, leveraging, and championing that appeared crucial for the ventures to gain credibility. Although selected competencies were inherent within the academic founders, the specific competencies for venture creation had to be developed or acquired. This was achieved iteratively through entrepreneurial experience and accessing competencies from disparate actors such as industry partners and equity investors. Propositions are offered to guide future empirical research based upon our framework.},
  author       = {Rasmussen, Einar and Mosey, Simon and Wright, Mike},
  issn         = {0022-2380},
  journal      = {JOURNAL OF MANAGEMENT STUDIES},
  keyword      = {FIRM,CREATION,PROCESS MODEL,OUT COMPANIES,RESEARCH INSTITUTIONS,TECHNOLOGY COMMERCIALIZATION,RESOURCE-BASED THEORY,START-UPS,INNOVATION,KNOWLEDGE},
  language     = {eng},
  number       = {6},
  pages        = {1314--1345},
  title        = {The evolution of entrepreneurial competencies: a longitudinal study of University spin-off venture emergence},
  url          = {http://dx.doi.org/10.1111/j.1467-6486.2010.00995.x},
  volume       = {48},
  year         = {2011},
}
Chicago
Rasmussen, Einar, Simon Mosey, and Mike Wright. 2011. “The Evolution of Entrepreneurial Competencies: a Longitudinal Study of University Spin-off Venture Emergence.” Journal of Management Studies 48 (6): 1314–1345.
APA
Rasmussen, E., Mosey, S., & Wright, M. (2011). The evolution of entrepreneurial competencies: a longitudinal study of University spin-off venture emergence. JOURNAL OF MANAGEMENT STUDIES, 48(6), 1314–1345.
Vancouver
1.
Rasmussen E, Mosey S, Wright M. The evolution of entrepreneurial competencies: a longitudinal study of University spin-off venture emergence. JOURNAL OF MANAGEMENT STUDIES. 2011;48(6):1314–45.
MLA
Rasmussen, Einar, Simon Mosey, and Mike Wright. “The Evolution of Entrepreneurial Competencies: a Longitudinal Study of University Spin-off Venture Emergence.” JOURNAL OF MANAGEMENT STUDIES 48.6 (2011): 1314–1345. Print.