Session 236

Universities, Academics and Incubators: The Role of Academic Institutions in Shaping Entrepreneurial Firm and Outcomes

Track K

Date: Tuesday, September 23, 2014

 

Time: 08:00 – 09:15

Paper

Room: Estancia 311


Session Chair:

  • Douglas Miller, Rutgers University

Title: Industry and Regional Correlates of Academic Entrepreneurship: Evidence from Employer-Employee Linked Data

Authors

  • Rajshree Agarwal, University of Maryland
  • Benjamin Campbell, Ohio State University
  • Seth Carnahan, University of Michigan

Abstract: Scholarly knowledge of academic entrepreneurship has been shaped by studies that focus on select industries, universities, or regions, predominantly through data on technology transfer or patent licensing. In this study, we employ rich data derived from the Longitudinal Employer-Household Dynamics (LEHD) program at the US Census Bureau to examine the incidence of academic entrepreneurship across all industries, in 30 U.S. states, from 1994 to 2008. Our study examines how regional and industry characteristics interact to impact the geographic inflows and outflows of academic entrepreneurship at the industry-region level of analysis. Specifically, we examine the extent to which industry characteristics such as knowledge intensity and capital intensity interplay with location characteristics such as firm density and (dis)agglomeration economics to impact the incidence of academic entrepreneurship.

Title: Marked for Life?: Mobility Constraints and Entrepreneurship Decisions by Foreign Graduates in Science and Engineering

Authors

  • Martin Ganco, University of Wisconsin-Madison

Abstract: Prior studies show that the accumulation of experience in a more flexible and less constrained organizational context enables transitions to entrepreneurship. I focus on the constraints affecting the acquisition of knowledge as individuals make employment choices and move across organizations. I examine the timing of green cards received by foreign graduates of U.S. universities in science and engineering which allows isolating the effect of the constraints from the self-selection. I find that the student green card holders tend to be self-employed more often than the post-graduation green card recipients, transition faster and enter different domains. Immigrants who receive green cards shortly post-graduation are more likely to start a growth-oriented business in a field related to their degree (mostly in high-tech industries).

Title: Peering Inside Entrepreneurial Acceleration: What Is The Role Of Peer Effects On New Venture Outcomes in Accelerators?

Authors

  • Sheryl Winston Smith, Temple University
  • Thomas Hannigan, Temple University
  • Laura Gasiorowski, Temple University

Abstract: In this paper, we examine the influence of peer effects in entrepreneurial accelerators on performance outcomes of new ventures. Accelerators have been found to impact the trajectories of new ventures as well as entrepreneurial learning. However, little is known about the mechanisms through which this occurs. We posit that the influence of networks formed within accelerator cohorts may extend beyond the intensive “boot camp” period of the program. We leverage a unique hand-collected dataset of startups and their founders that are funded by top entrepreneurial accelerators and a relevant counterfactual, angel investor groups. Our results suggest a strong cohort effect in accelerators that confers signaling, networking, and advisory benefits to portfolio firms and influences the likelihood of entrepreneurial exit by quitting and acquisition.

Title: Universities as Innovators: The Effects of Academic Incubators on Patent Quality

Authors

  • Peter Klein, Baylor University
  • Christos Kolympiris, Wageningen University

Abstract: Despite considerable interest, there is little consensus on the effectiveness of university incubators and other attempts to stimulate innovation. We argue that incubators compete for resources with technology transfer offices and other campus programs and activities that support innovation, so that establishing an incubator may or may not enhance the university’s overall innovation portfolio. Using forward citations to measure patent quality, we examine the innovative output of US research-intensive universities from 1969 to 2012. Our preliminary results show that establishing a university-affiliated incubator leads to a reduction in the average quality of the university’s patents, even when controlling for university and patent characteristics, university-specific unobservables, time, and the endogeneity of the decision to establish an incubator.

All Sessions in Track K...

Sun: 08:00 – 09:15
Session 386: Entrepreneurial Corporate Governance
Sun: 09:30 – 10:45
Session 387: Social Capital in Emerging Markets: Local, Glocal or Global?
Sun: 11:15 – 12:30
Session 462: Crowdfunding: State of the Art and Directions for Future Research
Sun: 15:45 – 17:00
Session 235: Cognitive and Behaviorial Perspectives of Entrepreneurial Decision Making
Session 380: Small, Young and Entrepreneurial Firms: A Unique Perspective in Globalization
Sun: 17:15 – 18:30
Session 607: Entrepreneurship and Strategy IG Business Meeting
Mon: 08:00 – 09:15
Session 227: Entrepreneurial Orientation, capabilities and firm performance
Session 445: Adaptation issues for Entrepreneurial Firms
Mon: 11:00 – 12:15
Session 232: Theory Building in the Field of Entrepreneurship
Session 440: Entrepreneurial Strategies in Emerging and International markets
Mon: 14:45 – 16:00
Session 231: Entrepreneurial Leadership: What it Takes to be a Successful Enterprise?
Session 457: Ownership and Funding Structures: Performance Implications for the entrepreneurial firms
Mon: 16:30 – 17:45
Session 226: Culture, Norms and Institutions: The contextual influences on Entrepreneurship
Session 229: Who Founds and how the Founding Team Impacts the Entrepreneurial Firm?
Tue: 08:00 – 09:15
Session 224: Funding an Entrepreneurial Venture: What Works and What Does Not?
Session 236: Universities, Academics and Incubators: The Role of Academic Institutions in Shaping Entrepreneurial Firm and Outcomes
Tue: 11:00 – 12:15
Session 230: TMTs as Firm Resources
Session 309: New Conversations on Business Models
Tue: 15:30 – 16:45
Session 225: Entrepreneurial Networks: Formation and Implications
Session 228: Dynamic Capabilities and Performance Implications for New Firms
Tue: 17:15 – 18:30
Session 234: Institutional, Industry and Firm Specific Impacts on Nascent Firms
Session 441: Funding Entrepreneurial Ventures: Sources and Successes


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