hh.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Opportunity recognition and international new venture creation in university spin-offs—Cases from Denmark and Ireland
Department of Marketing and Management, IBE, University of Southern Denmark, Odense, Denmark.
Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL), Centre for International Marketing and Entrepreneurship Research (CIMER). Marketing Discipline, National University of Ireland, Galway, Ireland.
Department of Marketing and Management, IBE, University of Southern Denmark, Odense, Denmark.
2016 (English)In: Journal of International Entrepreneurship, ISSN 1570-7385, E-ISSN 1573-7349, Vol. 14, no 3, 345-372 p.Article in journal (Refereed) Published
Abstract [en]

Extant research suggests that the founder’s activities and interactions are considered pivotal in driving the opportunity recognition process leading to international new venture emergence. This paper aims to explore the opportunity recognition process and international new venture emergence in the context of university hightechnology spin-offs that are internationally market driven from inception. University spin-offs (USOs) are defined as ‘new firms created to exploit commercially some knowledge, technology or research results developed within a university’ (Pirnay et al., Small Bus Econ 21:355–369, 2003). To address this inquiry, this study imports theory from the entrepreneurship literature on organizational emergence, opportunity recognition, effectuation and the principle of individual self-efficacy. Drawing on empirical case data from four case USOs from Denmark and Ireland, this paper finds that the inventor-founders are typically engaged in opportunity recognition processes that are characterized as creative, driven by scientific innovations. It is indicated that the process of USO emergence and continuous development involves activities and interactions similar to typical international new ventures. The scientific knowledge that created opportunities for the emergence of INV-USOs across our cases endorses the view that innovation and internationalization are strongly correlated. Insights are provided on inventor-founders’ entrepreneurial intention demonstrated through activities and interactions in the on-going processes of creating the USO. Findings further highlight that self-efficacy of the inventor-founder(s) and access to specific resources (means at hand) are salient determinants for international new ventures to materialize. The study concludes with a proposed conceptual framework for further research on the creation of INV-university spin-offs. Conclusions and implications are drawn at the end of the article. © Copyright 2016 Elsevier B.V., All rights reserved.

Place, publisher, year, edition, pages
New York: Springer-Verlag New York, 2016. Vol. 14, no 3, 345-372 p.
Keyword [en]
Academic entrepreneurship, International entrepreneurship, University spin-offs, Entrepreneurial opportunity, Newventure creation, Born globals, International new ventures, Innovation
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hh:diva-31976DOI: 10.1007/s10843-016-0181-0ScopusID: 2-s2.0-84978035526OAI: oai:DiVA.org:hh-31976DiVA: diva2:967967
Available from: 2016-09-10 Created: 2016-09-10 Last updated: 2016-09-12Bibliographically approved

Open Access in DiVA

No full text

Other links

Publisher's full textScopus

Search in DiVA

By author/editor
Evers, Natasha
By organisation
Centre for International Marketing and Entrepreneurship Research (CIMER)
In the same journal
Journal of International Entrepreneurship
Business Administration

Search outside of DiVA

GoogleGoogle Scholar

Altmetric score

Total: 28 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf