Exploring the roles of university spin-offs in business networks

Research output: Contribution to journalArticle

Abstract

This paper identifies different university spin-off (USO) roles related to resource interaction among business parties. It does so by mapping how USOs become part of business networks in terms of their roles relative to other parties. The theoretical frame of reference focuses on roles and resource interaction based on an industrial network approach to business markets. The empirical research is based on five cases of USOs representing a variety in terms of technology, degree of newness, sector, and area of application. As a result of the analysis, three different roles are identified: the USO as resource mediator, resource re-combiner and resource renewer. These roles reflect how USOs adapt resources to, or require changes among, business parties' resources. The paper also discusses the main resource interfaces associated with the three roles and related challenges. The paper contributes to previous research through illustrating USOs' roles relative to business parties from a resource interaction point of view, and by pointing to the establishment of new companies in business networks as a way of implementing innovation. Finally, the paper discusses the managerial implications of the research in terms of the USO's need to understand which role to take and how to develop it.

Details

Authors
  • Lise Aaboen
  • Jens Laage-Hellman
  • Frida Lind
  • Christina Öberg
  • Tommy Shih
Organisations
External organisations
  • Norwegian University of Science and Technology
  • Chalmers University of Technology
  • Örebro University
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Business Administration

Keywords

  • Innovation, Networks, Resource interaction, Role, Spin-off, University
Original languageEnglish
Pages (from-to)157–166
JournalIndustrial Marketing Management
Volume59
Early online date2015 Jun 14
Publication statusPublished - 2016 Nov
Publication categoryResearch
Peer-reviewedYes