Technology-Based Nascent Entrepreneurship: Implications for Economic Policymaking

323 Pages·2017·3.473 MB·English

by  James A. Cunningham, Conor O'Kane (eds.)

Technology-Based
Nascent Entrepreneurship
Implications for Economic Policymaking
Edited by
James A. Cunningham and
Conor O’Kane
Palgrave Advances in the Economics of Innovation
and Technology
Series editor
Albert N. Link
University of North Carolina at Greensboro
Greensboro, NC, USA
The focus of this series is on scholarly inquiry into the economic
foundations of technologies and the market and social consequences of
subsequent innovations. While much has been written about technology
and innovation policy, as well as about the macroeconomic impacts of
technology on economic growth and development, there remains a gap
in our understanding of the processes through which R&D funding leads
to successful (and unsuccessful) technologies, how technologies enter the
market place, and factors associated with the market success (or lack of
success) of new technologies.
This series considers original research into these issues. The scope of
such research includes in-depth case studies; cross-sectional and longitu-
dinal empirical investigations using project, firm, industry, public agency,
and national data; comparative studies across related technologies; dif-
fusion studies of successful and unsuccessful innovations; and evaluation
studies of the economic returns associated with public investments in the
development of new technologies.
More information about this series
at http://www.springer.com/series/14716
James A. Cunningham
Conor O’Kane
Editors
Technology-
Based Nascent
Entrepreneurship
Implications for Economic Policymaking
Editors
James A. Cunningham Conor O’Kane
Newcastle Business School Otago Business School
Northumbria University University of Otago
North Shields, UK Dunedin, New Zealand
Palgrave Advances in the Economics of Innovation and Technology
ISBN 978-1-137-59593-5 ISBN 978-1-137-59594-2 (eBook)
DOI 10.1057/978-1-137-59594-2
Library of Congress Control Number: 2017939081
© The Editor(s) (if applicable) and The Author(s) 2017
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Publisher, whether the whole or part of the material is concerned, specifically the rights
of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction
on microfilms or in any other physical way, and transmission or information storage and
retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology
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The use of general descriptive names, registered names, trademarks, service marks, etc. in this
publication does not imply, even in the absence of a specific statement, that such names are
exempt from the relevant protective laws and regulations and therefore free for general use.
The publisher, the authors and the editors are safe to assume that the advice and
information in this book are believed to be true and accurate at the date of publication.
Neither the publisher nor the authors or the editors give a warranty, express or implied,
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Cover illustration: © A-Digit/Getty Images
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The registered company address is: 1 New York Plaza, New York, NY 10004, U.S.A.
To my wonderful wife Sammi and nephews, Daniel, Harry and Sebastian
—James A. Cunningham
In memory of the perfect lady, Bridie Kelly (1912–2016)
—Conor O’Kane
A
cknowledgements
We wish to thank all the authors who have contributed to this edited
collection and the time and effort that they have taken to address
chapter reviews. We would like to acknowledge the excellent sup-
port and encouragement we have received from Sarah Lawrence
Commission Editor and Allison Neuburger at Palgrave. We very much
appreciate the support and direction of Prof. Albert N. Link editor in
chief of this book series in developing and shaping this book. Finally,
James A. Cunningham wishes to acknowledge the funding support of
Science Foundation Ireland (SFI) and co-funded under the European
Regional Development Fund under Grant Number 13/RC/2073.
vii
c
ontents
1 Technology-Based Nascent Entrepreneurship: Some
Implications for Economic Policy Making and Makers 1
James A Cunningham and Conor O’Kane
2 The Role of Public Policy in Fostering Technology-Based
Nascent Entrepreneurship 19
Donald F. Kuratko and Matthias Menter
3 The Nexus of Ecosystems, Strategic Orientations, and
Higher Education With Technology-Based Nascent
Entrepreneurship 53
Maribel Guerrero, David Urbano and Fernando Herrera
4 Nascent Entrepreneurship and Territorial Social Capital:
Empirical Evidences from Italy 71
Marco Romano, Melita Nicotra and Carmela Schillaci
5 Re-entry Following Firm Failure: Nascent Technology
Entrepreneurs’ Tactics for Avoiding and Overcoming
Stigma 95
Grace S. Walsh
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x CONTENTS
6 Technology-Based Nascent Entrepreneurship and Ethnic
Migrants: Exploring the Influence of Cultural Distance
Through the Forms of Capital Model 119
Hamizah Abd. Hamid, Conor O’Kane and André M. Everett
7 The University as a Catalyst for Nascent Technology
Entrepreneurial Leadership: Towards
a Sustainable Model 147
Michele Rusk
8 Between a Soft Landing and a Hard Place: How Silicon
Valley Software and Life Sciences Business Incubators
Facilitate Learning 167
Marijn A. van Weele and Frank J. van Rijnsoever
9 University Researchers as Nascent Entrepreneurs: Do
They Fit the Stereotype? 203
Sally Davenport, Dominik Mann and Urs Daellenbach
10 Nascent Technology Entrepreneurs New Venture
Formation Activities 223
Clare Gately and James A. Cunningham
11 Nascent Student Entrepreneurship 257
Regina Maniam and André M. Everett
12 Technology Nascent Entrepreneur Experiences of
Start-up Competition Participation 279
Kayleigh Watson and Pauric McGowan
Index 309
e c
ditors And ontributors
About the editors
James A. Cunningham is Professor of Strategic Management at
Newcastle Business School at Northumbria University. Prior to join-
ing Newcastle Business School, he held academic positions at University
College Dublin and National University of Ireland, Galway (NUI
Galway). His research intersects the fields of strategic management, inno-
vation and entrepreneurship. His research focuses on strategy issues with
respect to scientists as principal investigators, university technology trans-
fer commercialization, academic, public sector and technology entre-
preneurship, entrepreneurial universities and business failure. He has
papers published in leading international journals such as Research Policy,
Long Range Planning, Journal of Small Business Management, Journal
of Technology Transfer, International Entrepreneurship and Management
Journal, International Journal of Technology Management and the
Journal of Intellectual Capital. He has published books on the themes of
strategy, entrepreneurship, technology transfer and technology entrepre-
neurship.
Conor O’Kane is a Senior Lecturer in the Department of Management,
University of Otago, New Zealand. His research focuses on research
commercialization, academic entrepreneurship and the strategic role and
behaviours of publicly funded principal investigators. Conor’s work has
been published in leading journals including Research Policy, Industrial
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