排序方式: 共有35条查询结果,搜索用时 31 毫秒
11.
This paper evaluates a fellowship scheme aiming to overcome attitudinal and operational barriers towards university technology transfer. We propose barriers exist because of the focus of many academics exclusively within a peer review research network. We explore the case of the Medici Fellowship programme that was implemented in biomedical departments across five universities located in the midlands of England. Our evidence suggests that such fellowship programmes, through the retraining of academics, may have a positive impact on the commercialisation of research. In particular, the fellows, through the enhancement of their social and human capital, are able to act as agents of attitudinal change in their host departments and are seen to build bridges into external business networks that can provide early stage funding, market and legal information and help identify potential customers for nascent academic entrepreneurs. 相似文献
12.
Edith Penrose's Contributions to the Resource-based View: An Alternative Perspective 总被引:3,自引:0,他引:3
ABSTRACT Edith Penrose's work has been widely acknowledged to have played a central role in providing the intellectual foundations of the resource‐based view. This position, however, was recently challenged in a paper by Rugman and Verbeke (2002 ). In this paper we address the three main arguments of Rugman and Verbeke and, by drawing on her writings, demonstrate that their arguments are materially incorrect. While readily conceding that Penrose's primary goal was to explain the growth of firms, we show that her analysis of path‐dependent firm evolution anticipated many key propositions of the resource‐based view. 相似文献
13.
Resources access needs and capabilities as mediators of the relationship between VC firm size and syndication 总被引:2,自引:0,他引:2
Ernst Verwaal Hans Bruining Mike Wright Sophie Manigart Andy Lockett 《Small Business Economics》2010,34(3):277-291
Drawing from the resource-based view and transaction costs economics, we develop a theoretical framework to explain why small
and large firms face different levels of resource access needs and resource access capabilities, which mediate the relationship
between firm size and hybrid governance. Employing a sample of 317 venture capital firms, drawn across six European countries,
we empirically assess our framework in the context of venture capital syndication. We estimate a path model using structural
equation modeling and find, consistent with our theoretical framework, mediating effects of different types of resource access
needs and resource access capabilities between VC firm size and syndication frequency. These findings advance the small business
literature by highlighting the trade-offs that size imposes on firms that seek to manage their access to external resources
through hybrid governance strategies. 相似文献
14.
Data regarding illegal firm behavior were obtained for the period 1980–1990. Using the single index market model, the study finds that public announcements of indictments for major corporate crimes have a significant and long-term negative impact upon shareholder wealth, particularly for firms found guilty of the indictment. The results indicate that indictments of larger firms have a proportionally smaller impact on excess returns. Furthermore, indictments handed down since the Levine/Boesky scandal appear to have had a more adverse impact. 相似文献
15.
16.
17.
18.
Universities may seek to transfer technology from the public to the private sector, and therefore capture the benefits of commercialization, through a number of different mechanisms. This paper examines the option of using technology-based spin-out companies. Based on a survey of technology transfer/business development officers at 57 U.K. universities, we examine their strategies to promote the creation of spin-out companies and how they then manage the development of these companies. Our analysis focuses on the difference between those universities that have been most active in the area and those that have been least active. The results indicate that the more successful universities have clearer strategies towards the spinning out of companies and the use of surrogate entrepreneurs in this process. In addition, the more successful universities were found to possess a greater expertise and networks that may be important in fostering spin-out companies. However, the role of the academic inventor was not found to differ between the more and less successful universities. Finally, equity ownership was found to be more widely distributed among the members of the spin-out company in the case of the more successful universities. 相似文献
19.
This paper provides the first analysis of the internationalization of venture capital firms through an examination of risk assessment and information usage by firms in India. Personal interviews were conducted with executives in 31 (84%) of the active venture capital firms. The paper extends previous research by comparing perceptions of the behavior of domestic venture capital firms in India, foreign (primarily U.S.) venture capital firms in India and U.S. venture capital firms in their domestic markets. Foreign firms in India place significantly greater emphasis on product market factors and accountants' reports than domestic firms in India. They place significantly less emphasis on financial contributions of management in assessing risk and own due diligence and information from entrepreneurs than do U.S. firms in their domestic market. They make more use of information from trade publications and relating to production capacity and technology and information from accountants' reports than do domestic venture capital firms in India. The evidence is consistent with venture capital firms adapting to local market conditions rather than implementing "recipes" from their domestic markets. 相似文献
20.
Outside Board Members in High Tech Start-ups 总被引:1,自引:1,他引:1
Board composition in large organizations has been subject to much empirical research, however, little attention has been focused
on board composition in start-ups, and more specifically high tech start-ups. This lack of research is surprising given that
many high tech start-ups have multiple equity stakeholders such as venture capitalists or public research organizations, such
as universities. Given that high tech start-ups are commonly resource-poor these external stakeholders may play an important
role in accessing critical external resources. Drawing on agency theory, resource dependence theory and social network theory
we examine the tensions that exist between the founding team and external equity stakeholders in determining the presence
of outside board members. In particular we focus on whether or not the outside board members have either complementary or
substitute human capital to the founding team. We test our model on a sample of 140 high tech start-ups in Flanders. Our results
indicate that high tech start-ups with a public research organization as an external equity stakeholder are more likely to
develop boards with outside board members with complementary skills to the founding team.
相似文献