Barriers to University Spin-Off Creation in an Emerging Context: An Institutional Theory of Organizations Approach

The present study contributes elements to the literature for the understanding of those institutional factors of organizations that promote the creation of spin-offs in universities. Institutional barriers to spin-off creation within universities are addressed from a qualitative perspective. The stu...

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Bibliographic Details
Published in:Minerva (London) 2020-12, Vol.58 (4), p.625-650
Main Authors: Calderón-Hernández, Gregorio, Jiménez-Zapata, Yudy Andrea, Serna-Gomez, Héctor Mauricio
Format: Article
Language:English
Subjects:
Associations, institutions, etc
Barriers
Colleges & universities
Cultural characteristics
Data collection
Data interpretation
Developing countries
Developing Nations
Economic Factors
Economic incentives
Educational Innovation
Entrepreneurs
Entrepreneurship
Foreign Countries
Higher Education
Incentives
Innovations
Knowledge
Knowledge management
LDCs
Organizational aspects
Organizational Theories
Organizations
Reinforcement
Science and Technology Studies
Social Sciences
Technology Transfer
Universities
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Summary:The present study contributes elements to the literature for the understanding of those institutional factors of organizations that promote the creation of spin-offs in universities. Institutional barriers to spin-off creation within universities are addressed from a qualitative perspective. The study was carried out in Colombia, a country with low levels of innovation and entrepreneurship. Purposive and snowball sampling were employed to identify experts. Participants were selected in accordance with their extensive experience in entrepreneurship, innovation, or technology transfer. The sample size was decided by saturation criteria, and 15 interviews were selected with this method. The semi-structured interview was chosen for information collection, and a thematic analysis was employed for data interpretation. Several aspects which permit suggestions for the future spin-off research agenda were identified: perceptions of the university, teaching focus, academic cultures that reward publication as a means of knowledge transfer, restrictions for public university spin-offs in developing countries, few economic and non-economic incentives for entrepreneurship, trust as a determining cultural characteristic, and limitations to the understanding of the spin-off concept that affect their creation. These results may be extrapolated to Latin America and other developing regions with similar entrepreneurial ecosystems.
ISSN:0026-4695
1573-1871
DOI:10.1007/s11024-020-09407-4