메뉴 건너뛰기




Volumn 20, Issue 3, 2005, Pages 291-311

University start-up formation and technology licensing with firms that go public: A resource-based view of academic entrepreneurship

Author keywords

Entrepreneurship; Industry; Start up formation; University

Indexed keywords


EID: 11344277515     PISSN: 08839026     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbusvent.2003.12.008     Document Type: Article
Times cited : (471)

References (59)
  • 1
    • 33745602139 scopus 로고    scopus 로고
    • AUTM Licensing Survey FY 2000
    • Norwalk, CT: Author Association of University Technology Managers
    • Association of University Technology Managers AUTM Licensing Survey FY 2000 2000 Author Norwalk, CT
    • (2000)
  • 2
    • 21844514050 scopus 로고
    • Universities and the start-up of new companies: Can we generalize from Route 128 and Silicon Valley?
    • Bania N. Eberts R.W. Fogarty M.S. Universities and the start-up of new companies: Can we generalize from Route 128 and Silicon Valley? Rev. Econ. Stat. 75 1993 761-766
    • (1993) Rev. Econ. Stat. , vol.75 , pp. 761-766
    • Bania, N.1    Eberts, R.W.2    Fogarty, M.S.3
  • 3
    • 84900195842 scopus 로고    scopus 로고
    • Loving a stock, not wisely but too well: The price of obsession with a promising start-up
    • Barboza D. Loving a stock, not wisely but too well: The price of obsession with a promising start-up N.Y. Times 1998
    • (1998) N.Y. Times
    • Barboza, D.1
  • 4
    • 0030642456 scopus 로고    scopus 로고
    • Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision making
    • Barney J.B. Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision making J. Bus. Venturing 12 1997 9-30
    • (1997) J. Bus. Venturing , vol.12 , pp. 9-30
    • Barney, J.B.1
  • 6
    • 0000214225 scopus 로고    scopus 로고
    • Technology transfer and public policy: A review of research and theory
    • Bozeman B. Technology transfer and public policy: A review of research and theory Res. Policy 29 2000 627-655
    • (2000) Res. Policy , vol.29 , pp. 627-655
    • Bozeman, B.1
  • 7
    • 12944251045 scopus 로고    scopus 로고
    • University revenues from technology transfer: Licensing fees vs. equity positions
    • Bray M.J. Lee J.N. University revenues from technology transfer: licensing fees vs. equity positions J. Bus. Venturing 15 2000 385-392
    • (2000) J. Bus. Venturing , vol.15 , pp. 385-392
    • Bray, M.J.1    Lee, J.N.2
  • 8
    • 0004008949 scopus 로고
    • University Spin-Off Companies: Economic Development, Faculty Entrepreneurs, and Technology Transfer
    • Savage, MD: Rowman and Littlefield Publ
    • Brett A. Gibson D. Smilor R. University Spin-Off Companies: Economic Development, Faculty Entrepreneurs, and Technology Transfer 1991 Rowman and Littlefield Publ. Savage, MD
    • (1991)
    • Brett, A.1    Gibson, D.2    Smilor, R.3
  • 11
    • 0037935748 scopus 로고
    • Faculty entrepreneurship and economic development: The case of the University of Calgary
    • Chrisman J.J. Hynes T. Fraser S. Faculty entrepreneurship and economic development: The case of the University of Calgary J. Bus. Venturing 10 1995 267-281
    • (1995) J. Bus. Venturing , vol.10 , pp. 267-281
    • Chrisman, J.J.1    Hynes, T.2    Fraser, S.3
  • 12
    • 0001905606 scopus 로고    scopus 로고
    • Industry and the academy: Uneasy partners in the cause of technological advance
    • R. Noll (Ed.), Washington, DC: Brookings Institution
    • Cohen W.M. Florida R. Randazzese L. Walsh J. Industry and the academy: Uneasy partners in the cause of technological advance In: Noll R. (Ed.) Challenge to the Research University 1998 163-191 Brookings Institution Washington, DC
    • (1998) Challenge to the Research University , pp. 163-191
    • Cohen, W.M.1    Florida, R.2    Randazzese, L.3    Walsh, J.4
  • 14
    • 84970157680 scopus 로고
    • A historical comparison of resource-based theory and five schools of thought within industrial economics: Do we have a new theory of the firm?
    • Connor K.R. A historical comparison of resource-based theory and five schools of thought within industrial economics: Do we have a new theory of the firm? J. Manage. 17 1991 121-154
    • (1991) J. Manage. , vol.17 , pp. 121-154
    • Connor, K.R.1
  • 15
    • 0030642463 scopus 로고    scopus 로고
    • The impact of firm-specific capabilities on the amount of capital raised in an initial public offering: Evidence from the biotechnology industry
    • Deeds D.L. Decarolis D. Coombs J.E. The impact of firm-specific capabilities on the amount of capital raised in an initial public offering: Evidence from the biotechnology industry J. Bus. Venturing 12 1997 31-46
    • (1997) J. Bus. Venturing , vol.12 , pp. 31-46
    • Deeds, D.L.1    Decarolis, D.2    Coombs, J.E.3
  • 16
    • 0040382432 scopus 로고    scopus 로고
    • Firm-specific resources and wealth creation in high-technology ventures: Evidence from newly public biotechnology firms
    • Deeds D.L. DeCarolis D. Coombs J.E. Firm-specific resources and wealth creation in high-technology ventures: Evidence from newly public biotechnology firms Entrep. Theory Pract. 22 3 1998 55-73
    • (1998) Entrep. Theory Pract. , vol.22 , Issue.3 , pp. 55-73
    • Deeds, D.L.1    DeCarolis, D.2    Coombs, J.E.3
  • 17
    • 0013373251 scopus 로고    scopus 로고
    • The impact of firm-specific capabilities on the amount of capital raised in an initial public offering: An empirical investigation of the biotechnology industry
    • Deeds D.L. Decarolis D. Coombs J.E. The impact of firm-specific capabilities on the amount of capital raised in an initial public offering: An empirical investigation of the biotechnology industry Strateg. Manage. J. 20 1999 953-968
    • (1999) Strateg. Manage. J. , vol.20 , pp. 953-968
    • Deeds, D.L.1    Decarolis, D.2    Coombs, J.E.3
  • 18
    • 3843123667 scopus 로고    scopus 로고
    • Why do Some Universities Generate More Start-Ups than Others?
    • Unpubl manuscript
    • Di Gregorio, D., Shane, S., 2001. Why do Some Universities Generate More Start-Ups than Others? Unpubl manuscript.
    • (2001)
    • Di Gregorio, D.1    Shane, S.2
  • 19
    • 0000465540 scopus 로고    scopus 로고
    • The norms of entrepreneurial science: Cognitive effects of the new university-industry linkages
    • Etzkowitz H. The norms of entrepreneurial science: Cognitive effects of the new university-industry linkages Res. Policy 27 1998 823-833
    • (1998) Res. Policy , vol.27 , pp. 823-833
    • Etzkowitz, H.1
  • 20
    • 0346851814 scopus 로고    scopus 로고
    • The Second Academic Revolution: MIT and the Rise of Entrepreneurial Science
    • London: Gordon - Breach
    • Etzkowitz H. The Second Academic Revolution: MIT and the Rise of Entrepreneurial Science 2000 Gordon - Breach London
    • (2000)
    • Etzkowitz, H.1
  • 21
    • 0003403635 scopus 로고    scopus 로고
    • Capitalizing Knowledge: New Intersections of Industry and Academia
    • Albany: State Univ. of New York
    • Etzkowitz H. Webster A. Healey P. Capitalizing Knowledge: New Intersections of Industry and Academia 1998 State Univ. of New York Albany
    • (1998)
    • Etzkowitz, H.1    Webster, A.2    Healey, P.3
  • 22
    • 0036227240 scopus 로고    scopus 로고
    • Equity and the technology transfer strategies of American research universities
    • Feldman M. Feller I. Bercovitz J. Burton R. Equity and the technology transfer strategies of American research universities Manage. Sci. 48 2002 105-121
    • (2002) Manage. Sci. , vol.48 , pp. 105-121
    • Feldman, M.1    Feller, I.2    Bercovitz, J.3    Burton, R.4
  • 23
    • 0002720968 scopus 로고    scopus 로고
    • The relationship between boards of directors and initial public offerings in the biotechnology industry
    • Finkle T.A. The relationship between boards of directors and initial public offerings in the biotechnology industry Entrep. Theory Pract. 22 3 1998 5-29
    • (1998) Entrep. Theory Pract. , vol.22 , Issue.3 , pp. 5-29
    • Finkle, T.A.1
  • 24
    • 0010215050 scopus 로고
    • A critical exploration of sponsorship, infrastructure, and new organizations
    • Flynn D.W. A critical exploration of sponsorship, infrastructure, and new organizations Small Bus. Econ. 5 1993 129-156
    • (1993) Small Bus. Econ. , vol.5 , pp. 129-156
    • Flynn, D.W.1
  • 25
    • 0000151338 scopus 로고    scopus 로고
    • Strategy and the board of directors in venture capital-backed firms
    • Fried V.H. Bruton G.D. Hisrich R.D. Strategy and the board of directors in venture capital-backed firms J. Bus. Venturing 13 1998 493-503
    • (1998) J. Bus. Venturing , vol.13 , pp. 493-503
    • Fried, V.H.1    Bruton, G.D.2    Hisrich, R.D.3
  • 26
    • 0003813926 scopus 로고    scopus 로고
    • The NBER citations data file: Lessons, insights, and methodological tools
    • Cambridge, MA: National Bureau of Economic Research
    • Hall B.H. Jaffe A.B. Trajtenberg M. The NBER citations data file: lessons, insights, and methodological tools 2001 National Bureau of Economic Research Cambridge, MA
    • (2001)
    • Hall, B.H.1    Jaffe, A.B.2    Trajtenberg, M.3
  • 29
    • 0002506494 scopus 로고
    • Another century's end, another revolution for higher education
    • Kennedy D. Another century's end, another revolution for higher education Change 27 3 1995 8-15
    • (1995) Change , vol.27 , Issue.3 , pp. 8-15
    • Kennedy, D.1
  • 30
    • 0000692115 scopus 로고    scopus 로고
    • 'Technology transfer' and the research university: A search for the boundaries of university-industry collaboration
    • Lee Y.S. 'Technology transfer' and the research university: A search for the boundaries of university-industry collaboration Res. Policy 25 1996 843-863
    • (1996) Res. Policy , vol.25 , pp. 843-863
    • Lee, Y.S.1
  • 31
    • 0001200084 scopus 로고
    • Venture capitalists and the decision to go public
    • Lerner J. Venture capitalists and the decision to go public J. Financ. Econ. 35 1994 293-316
    • (1994) J. Financ. Econ. , vol.35 , pp. 293-316
    • Lerner, J.1
  • 32
    • 0029505593 scopus 로고
    • Academic research underlying industrial innovations: Sources, characteristics, and financing
    • Mansfield E. Academic research underlying industrial innovations: sources, characteristics, and financing Rev. Econ. Stat. 77 1995 55-65
    • (1995) Rev. Econ. Stat. , vol.77 , pp. 55-65
    • Mansfield, E.1
  • 33
    • 0000761443 scopus 로고    scopus 로고
    • The modern university: Contributor to industrial innovation and recipient of industrial R & D support
    • Mansfield E. Lee J. The modern university: Contributor to industrial innovation and recipient of industrial & D support Res. Policy 25 1996 1047-1058
    • (1996) Res. Policy , vol.25 , pp. 1047-1058
    • Mansfield, E.1    Lee, J.2
  • 34
    • 0004240176 scopus 로고
    • Technology Transfer and the University
    • New York: Am. Council on Ed
    • Matkin G.W. Technology Transfer and the University 1990 Am. Council on Ed. New York
    • (1990)
    • Matkin, G.W.1
  • 36
    • 34547352810 scopus 로고
    • Criteria distinguishing successful from unsuccessful ventures in the venture screening process
    • McMillan I.C. Zemann L. Subbanarasimha P.N. Criteria distinguishing successful from unsuccessful ventures in the venture screening process J. Bus. Venturing 2 1987 123-137
    • (1987) J. Bus. Venturing , vol.2 , pp. 123-137
    • McMillan, I.C.1    Zemann, L.2    Subbanarasimha, P.N.3
  • 37
    • 0001292109 scopus 로고    scopus 로고
    • An analysis of the critical role of public science in innovation: The case of biotechnology
    • McMillan G.S. Narin F. Deeds D.L. An analysis of the critical role of public science in innovation: The case of biotechnology Res. Policy 29 2000 1-8
    • (2000) Res. Policy , vol.29 , pp. 1-8
    • McMillan, G.S.1    Narin, F.2    Deeds, D.L.3
  • 38
    • 0036227495 scopus 로고    scopus 로고
    • Learning to patent: Institutional experience, learning, and the characteristics of U.S. university patents after the Bayh-Dole Act, 1981-1992
    • Mowery D.C. Sampat B.N. Ziedonis A.A. Learning to patent: Institutional experience, learning, and the characteristics of U.S. university patents after the Bayh-Dole Act, 1981-1992 Manage. Sci. 48 2002 73-89
    • (2002) Manage. Sci. , vol.48 , pp. 73-89
    • Mowery, D.C.1    Sampat, B.N.2    Ziedonis, A.A.3
  • 39
    • 0003332120 scopus 로고    scopus 로고
    • The increasing linkage between U.S. technology and public science
    • Narin F. Hamilton K.S. Olivastro D. The increasing linkage between U.S. technology and public science Res. Policy 26 1997 317-330
    • (1997) Res. Policy , vol.26 , pp. 317-330
    • Narin, F.1    Hamilton, K.S.2    Olivastro, D.3
  • 40
    • 0003588443 scopus 로고    scopus 로고
    • Science and Engineering Indicators
    • Washington, DC: Author National Science Board
    • National Science Board Science and Engineering Indicators 1998 Author Washington, DC
    • (1998)
  • 41
    • 0003465967 scopus 로고    scopus 로고
    • Science and Engineering Indicators
    • Washington, DC: Author National Science Board
    • National Science Board Science and Engineering Indicators 2000 Author Washington, DC
    • (2000)
  • 42
    • 0036090337 scopus 로고    scopus 로고
    • The spatial clustering of science and capital: Accounting for biotech firm-venture capital relationships
    • Powell W.W. Koput K.W. Bowie J.I. Smith-Doerr L. The spatial clustering of science and capital: Accounting for biotech firm-venture capital relationships Reg. Stud. 36 2002 291-305
    • (2002) Reg. Stud. , vol.36 , pp. 291-305
    • Powell, W.W.1    Koput, K.W.2    Bowie, J.I.3    Smith-Doerr, L.4
  • 43
    • 3843106386 scopus 로고    scopus 로고
    • Academic Entrepreneurship in Higher Education: Institutional Effects on Performance of University Technology Transfer
    • Unpubl. doctoral dissertation, Indiana University-Bloomington
    • Powers, J.B., 2000. Academic Entrepreneurship in Higher Education: Institutional Effects on Performance of University Technology Transfer. Unpubl. doctoral dissertation, Indiana University-Bloomington.
    • (2000)
    • Powers, J.B.1
  • 44
    • 11344250204 scopus 로고
    • The organized venture capital community
    • T. Weissberg (Ed.), New York: Venture Economics
    • Pratt S.E. The organized venture capital community In: Weissberg T. (Ed.) Venture Capital Yearbook 1995 89-94 Venture Economics New York
    • (1995) Venture Capital Yearbook , pp. 89-94
    • Pratt, S.E.1
  • 45
    • 0013326771 scopus 로고    scopus 로고
    • Technology Transfer Cash Cow Patents
    • Alliance for American Innovation Washington, DC:
    • Riley R.J. Technology Transfer Cash Cow Patents 1998 Alliance for American Innovation Washington, DC
    • (1998)
    • Riley, R.J.1
  • 46
    • 0030534773 scopus 로고    scopus 로고
    • Policies and structures for spinning off new companies from research and development organizations
    • Roberts E.B. Malone D.E. Policies and structures for spinning off new companies from research and development organizations R & D Manag. 26 1996 17-48
    • (1996) R & D Manag. , vol.26 , pp. 17-48
    • Roberts, E.B.1    Malone, D.E.2
  • 47
    • 0032164965 scopus 로고    scopus 로고
    • How industry benefits from NSF's engineering research centers
    • Roessner J.D. Ailes C.P. Feller I. How industry benefits from NSF's engineering research centers Res. Technol. Manag. 41 1998 40-44
    • (1998) Res. Technol. Manag. , vol.41 , pp. 40-44
    • Roessner, J.D.1    Ailes, C.P.2    Feller, I.3
  • 48
    • 38249009242 scopus 로고
    • Scientific instrumentation and university research
    • Rosenberg N. Scientific instrumentation and university research Res. Policy 21 1992 381-391
    • (1992) Res. Policy , vol.21 , pp. 381-391
    • Rosenberg, N.1
  • 49
    • 1842462016 scopus 로고
    • American universities and technical advances in industry
    • Rosenberg N. Nelson R.R. American universities and technical advances in industry Res. Policy 23 1994 323-348
    • (1994) Res. Policy , vol.23 , pp. 323-348
    • Rosenberg, N.1    Nelson, R.R.2
  • 50
    • 0003936757 scopus 로고
    • Variations in Venture Capitalist-Entrepreneur Relations: Antecedents and Consequences
    • University of Maryland, Unpubl. doctoral dissertation
    • Sapienza, H.J., 1989. Variations in Venture Capitalist-Entrepreneur Relations: Antecedents and Consequences. University of Maryland, Unpubl. doctoral dissertation.
    • (1989)
    • Sapienza, H.J.1
  • 51
    • 0035261931 scopus 로고    scopus 로고
    • Technological Opportunities and New Firm Creation
    • Shane S. Technological Opportunities and New Firm Creation Manage. Sci. 42 2001 205-220
    • (2001) Manage. Sci. , vol.42 , pp. 205-220
    • Shane, S.1
  • 52
    • 0036231832 scopus 로고    scopus 로고
    • Organizational endowments and the performance of university start-ups
    • Shane S. Stuart T. Organizational endowments and the performance of university start-ups Manage. Sci. 48 2002 154-170
    • (2002) Manage. Sci. , vol.48 , pp. 154-170
    • Shane, S.1    Stuart, T.2
  • 53
    • 12944259216 scopus 로고    scopus 로고
    • Spin-offs from research centers at a research university
    • Steffensen M. Rogers E.M. Speakman K. Spin-offs from research centers at a research university J. Bus. Venturing 15 1999 93-111
    • (1999) J. Bus. Venturing , vol.15 , pp. 93-111
    • Steffensen, M.1    Rogers, E.M.2    Speakman, K.3
  • 54
    • 0036228402 scopus 로고    scopus 로고
    • Who is selling the ivory tower? Sources of growth in university licensing
    • Thursby J.G. Thursby M. Who is selling the ivory tower? Sources of growth in university licensing Manage. Sci. 48 2002 90-104
    • (2002) Manage. Sci. , vol.48 , pp. 90-104
    • Thursby, J.G.1    Thursby, M.2
  • 56
    • 11344281982 scopus 로고    scopus 로고
    • Technology strategy and software new ventures' performance: Exploring the moderating effect of the competitive environment
    • Zahra S.A. Bogner W.C. Technology strategy and software new ventures' performance: Exploring the moderating effect of the competitive environment J. Bus. Venturing 15 1999 135-173
    • (1999) J. Bus. Venturing , vol.15 , pp. 135-173
    • Zahra, S.A.1    Bogner, W.C.2
  • 57
    • 0001944321 scopus 로고    scopus 로고
    • In search of strategic perspective: A tool for mapping the market in postsecondary education
    • Zemsky R. Shaman S. Iannozzi M. In search of strategic perspective: a tool for mapping the market in postsecondary education Change 29 6 1997 23-38
    • (1997) Change , vol.29 , Issue.6 , pp. 23-38
    • Zemsky, R.1    Shaman, S.2    Iannozzi, M.3
  • 58
    • 0032251710 scopus 로고    scopus 로고
    • Geographically localized knowledge: Spillovers or markets?
    • Zucker L.G. Darby M.R. Armstrong J. Geographically localized knowledge: Spillovers or markets? Econ. Inq. 36 1998 65-86
    • (1998) Econ. Inq. , vol.36 , pp. 65-86
    • Zucker, L.G.1    Darby, M.R.2    Armstrong, J.3
  • 59
    • 0036231843 scopus 로고    scopus 로고
    • Commercializing knowledge: University science, knowledge capture, and firm performance in biotechnology
    • Zucker L.G. Darby M.R. Armstrong J. Commercializing knowledge: university science, knowledge capture, and firm performance in biotechnology Manage. Sci. 48 2002 138-153
    • (2002) Manage. Sci. , vol.48 , pp. 138-153
    • Zucker, L.G.1    Darby, M.R.2    Armstrong, J.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.