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The effectiveness of university knowledge spillovers: Performance differences between university spin-offs and corporate spin-offs

PublikationArtikel (med peer review)
Entreprenörskap, Företagandets villkor, Johan Wiklund, Karl Wennberg, Mike Wright, Universitet

Sammanfattning

While much prior research has focused upon how the Technology Transfer Offices (TTOs) and other contextual characteristics shape the level of university spinoffs (USO), there is little research on entrepreneurial potential among individual academics, and to the best of our knowledge, no comparative studies with other types of spinoffs exist to date. In this paper we focus on an important but neglected aspect of knowledge transfer from academic research involving the indirect flow to entrepreneurship by individuals with a university education background who become involved in new venture creation by means of corporate spinoffs (CSO) after gaining industrial experience, rather than leaving university employment to found a new venture as an academic spinoff. We argue that the commercial knowledge gained by industry experience is potentially more valuable for entrepreneurial performance compared to the academic knowledge gained by additional research experience at a university. This leads us to posit that the average performance of CSOs will be higher than comparable USOs, but the gains from founder‘s prior experiences will be relatively higher among USOs whose founders lack the corporate context. We investigate these propositions in a comparative study tracking the complete population of USOs and CSOs among the Swedish knowledge-intensive sectors between 1994 and 2002.

Wennberg, K., Wiklund, J. & Wright, M. (2011). The effectiveness of university knowledge spillovers: Performance differences between university spin-offs and corporate spin-offs. Research Policy, 40(8): 1128-1143.


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Fooled by diversity? When diversity initiatives exacerbate rather than mitigate inequality
Artikel (med peer review)Publikation
Hellerstedt, K., Uman, T., & Wennberg, K.
Publiceringsår

2022

Publicerat i

Hellerstedt, K., Uman, T., & Wennberg, K. (2022). Fooled by diversity? When diversity initiatives exacerbate rather than mitigate inequality. Academy of Management Perspectives.

Sammanfattning

This article analyzes and critically discusses the business case logic of Diversity, Equity, and Inclusion (DEI) initiatives. We highlight the value-in diversity logic for organizations and compare this with both the recent logic of power activism driven by internal and external lobbying and the classical moral justice logic originating in the civil rights movement,showing how the concepts of diversity, equity, and inclusion are seen differently in research and advocacy as organizational inputs, sought-for outputs, or as a context for social change…

Crises, Covid-19, and Entrepreneurship
Artikel (med peer review)Publikation
Batjargal, B., Jack, S., Mickiewicz, T., Stam, E., Stam, W., & Wennberg, K.
Publiceringsår

2023

Publicerat i

Entrepreneurship Theory and Practice.

Sammanfattning

This virtual special issue includes research on the effects of crises, in particular the COVID-19 pandemic, on entrepreneurship, and entrepreneurial responses to deal with consequences of crises. This issue highlights how crises affect entrepreneurs’ well-being and reinforce the importance of agency of entrepreneurs and other citizens. The special issue also highlights the need for resilience; the ability of entrepreneurs, organizations, and economies to absorb and adapt to shocks; and how it can be strengthened. We discuss the importance of data in times of crisis and the greater need for engaged scholarship.

The article can be accessed here.

Evaluating Evaluations of Innovation Policy: Exploring Reliability, Methods, and Conflicts of Interest
BokkapitelPublikation
Collin, E., Sandström, C., & Wennberg, K.
Publiceringsår

2022

Publicerat i

Questioning the Entrepreneurial State, 157.

Sammanfattning

Expansions of innovation policies have been paralleled with an increase in the evaluations of such policies. Yet, there are few systematic evaluations of how such evaluations are conducted, by whom, and their overall conclusions. We analyze 110 evaluations of innovation policy in Sweden from 2005 to 2019. Our findings show that the majority of these evaluations are positive, about one-third are neutral in their conclusions, and very few are negative. The majority of evaluations were conducted by consulting firms, close to one-third by expert government agencies, and around 10% by university researchers or as self-evaluations by the governmental agencies responsible for the policy themselves. Few evaluations employed causal methods to assess the potential effects of policies. We discuss conflicts of interest and question the reliability of evaluations of innovation policy.

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