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Rowing against the wind: how do times of austerity shape academic entrepreneurship in unfriendly environments?

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dc.contributor.author Seguí-Mas, Elies es_ES
dc.contributor.author Oltra, Victor es_ES
dc.contributor.author Tormo-Carbó, Guillermina es_ES
dc.contributor.author Sarrión Viñes, Faustino es_ES
dc.date.accessioned 2018-05-18T04:18:44Z
dc.date.available 2018-05-18T04:18:44Z
dc.date.issued 2017 es_ES
dc.identifier.issn 1554-7191 es_ES
dc.identifier.uri http://hdl.handle.net/10251/102164
dc.description.abstract [EN] Academic spin-offs (ASOs) help universities transfer knowledge or technology through business projects developed by academic staff. This investigation aims at analyzing the critical factors for spin-off creation at universities operating in crisis-raven, entrepreneurship-unfriendly environments. Such factors revolve around four types of resources: environmental, institutional, organizational, and personal. Focusing on a Southern European context, as an example of an unfriendly environment affected by economic crisis, an entrepreneurial university (the Technical University of Valencia in Spain, UPV) is our research setting. Through a case study approach, we examine the potential of UPV as a springboard for ASOs. Our results show an adverse local environment, a rather favorable influence of institutional and organizational drivers, and a mixed role of personal factors. Our findings illustrate that UPV consistently supports spin-off creation due to a greater (rather positive) reflexivity from its institutional, organizational and personal resources than the (negative) imprinting of the unfriendly environment. This helps counter-balance the structural unfriendliness for academic entrepreneurship, and trigger a crisis-led risk-taking attitude by academic staff. Hence, UPV should continue with its current strategy of supporting academic entrepreneurship, and might transfer best practices to other universities also affected by unfavorable environmental conditions. Generally speaking, we would advise universities facing adverse circumstances to develop rules and mechanisms for academic entrepreneurship, carefully revise and improve malfunctions, and become involved throughout the whole process of spin-off development. All in all, our study advances understanding of how the different drivers for ASO creation can be revamped by universities located in unfriendly environments, having in mind the key role that universities play in fostering social and economic development through academic entrepreneurship in such environments. es_ES
dc.description.sponsorship The authors would like to thank the Universitat Politecnica de Valencia (grant PAID-06-12-0916), and the Spanish Ministry of Economy and Competitiveness (grant ECO2011-29863), for their financial support for this research.
dc.language Inglés es_ES
dc.publisher Springer-Verlag es_ES
dc.relation.ispartof International Entrepreneurship and Management Journal es_ES
dc.rights Reserva de todos los derechos es_ES
dc.subject Academic entrepreneurship es_ES
dc.subject Academic spin-off es_ES
dc.subject Creation factors es_ES
dc.subject Times of austerity es_ES
dc.subject Unfriendly environments es_ES
dc.subject.classification ORGANIZACION DE EMPRESAS es_ES
dc.subject.classification ECONOMIA FINANCIERA Y CONTABILIDAD es_ES
dc.title Rowing against the wind: how do times of austerity shape academic entrepreneurship in unfriendly environments? es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.1007/s11365-017-0478-z es_ES
dc.relation.projectID info:eu-repo/grantAgreement/MICINN//ECO2011-29863/ES/ORIENTACION EMPRENDEDORA, ESTRATEGIA DE CONOCIMIENTO Y CAPACIDAD DE ABSORCION EN EMPRESAS DE ALTA Y BAJA TECNOLOGIA/ es_ES
dc.relation.projectID info:eu-repo/grantAgreement/UPV//PAID-06-12-SP20120916/ES/PAID-06-12-SP20120916/ es_ES
dc.rights.accessRights Abierto es_ES
dc.date.embargoEndDate 2018-11-16 es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Organización de Empresas - Departament d'Organització d'Empreses es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Economía y Ciencias Sociales - Departament d'Economia i Ciències Socials es_ES
dc.description.bibliographicCitation Seguí-Mas, E.; Oltra, V.; Tormo-Carbó, G.; Sarrión Viñes, F. (2017). Rowing against the wind: how do times of austerity shape academic entrepreneurship in unfriendly environments?. International Entrepreneurship and Management Journal. 1-42. doi:10.1007/s11365-017-0478-z es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion https://doi.org/10.1007/s11365-017-0478-z es_ES
dc.description.upvformatpinicio 1 es_ES
dc.description.upvformatpfin 42 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.relation.pasarela S\360215 es_ES
dc.contributor.funder Universitat Politècnica de València es_ES
dc.contributor.funder Ministerio de Ciencia e Innovación es_ES
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