This paper questions the widespread tendency to view academic spin-outs as an undifferentiated category and explores typologies of companies originating in universities, using a Penrosean conceptualization of entrepreneurial activity. We initially identified five main types of business activities pursued by academic entrepreneurs, which we revised after analyzing a database of Cambridge University spin-outs and real-time exemplars of emerging ventures. The refined typology takes into account the dynamic of the entrepreneurial process. As the business models of ventures evolve they may enter a different category of business activity. We conclude by discussing the academic and practical needs for a better understanding of the heterogeneity of spin-outs, the diversity of which has theoretical and policy implications.
%0 Journal Article
%1 Druilhe2004
%A Druilhe, Céline
%A Garnsey, Elizabeth
%D 2004
%J The Journal of Technology Transfer
%K imported
%N 3/4
%P 269--285
%R 10.1023/B:JOTT.0000034123.26133.97
%T Do Academic Spin-Outs Differ and Does it Matter?
%U http://www.springerlink.com/openurl.asp?id=doi:10.1023/B:JOTT.0000034123.26133.97
%V 29
%X This paper questions the widespread tendency to view academic spin-outs as an undifferentiated category and explores typologies of companies originating in universities, using a Penrosean conceptualization of entrepreneurial activity. We initially identified five main types of business activities pursued by academic entrepreneurs, which we revised after analyzing a database of Cambridge University spin-outs and real-time exemplars of emerging ventures. The refined typology takes into account the dynamic of the entrepreneurial process. As the business models of ventures evolve they may enter a different category of business activity. We conclude by discussing the academic and practical needs for a better understanding of the heterogeneity of spin-outs, the diversity of which has theoretical and policy implications.
@article{Druilhe2004,
abstract = {This paper questions the widespread tendency to view academic spin-outs as an undifferentiated category and explores typologies of companies originating in universities, using a Penrosean conceptualization of entrepreneurial activity. We initially identified five main types of business activities pursued by academic entrepreneurs, which we revised after analyzing a database of Cambridge University spin-outs and real-time exemplars of emerging ventures. The refined typology takes into account the dynamic of the entrepreneurial process. As the business models of ventures evolve they may enter a different category of business activity. We conclude by discussing the academic and practical needs for a better understanding of the heterogeneity of spin-outs, the diversity of which has theoretical and policy implications.},
added-at = {2012-02-27T06:11:36.000+0100},
author = {Druilhe, C\'{e}line and Garnsey, Elizabeth},
biburl = {https://www.bibsonomy.org/bibtex/282c36c6b3ad349fc3e0dbe503cf5863b/kamil205},
doi = {10.1023/B:JOTT.0000034123.26133.97},
file = {:Users/Miguel/Dropbox/Escola/Artigos/Druilhe, Garnsey\_2004\_Do Academic Spin-Outs Differ and Does it Matter.pdf:pdf},
interhash = {946d574b2f84139e8c22ab51d427a36f},
intrahash = {82c36c6b3ad349fc3e0dbe503cf5863b},
issn = {0892-9912},
journal = {The Journal of Technology Transfer},
keywords = {imported},
month = aug,
number = {3/4},
pages = {269--285},
timestamp = {2012-02-27T06:11:56.000+0100},
title = {{Do Academic Spin-Outs Differ and Does it Matter?}},
url = {http://www.springerlink.com/openurl.asp?id=doi:10.1023/B:JOTT.0000034123.26133.97},
volume = 29,
year = 2004
}