The role of the university as a regional determinant of technological entrepreneurship

The purpose of this paper is twofold. First is to analyse the role of the university as a contextual determinant of technological entrepreneurship. Second is to study how a set of regional factors can shape the effect of universities on technological entrepreneurship. A comparative analysis between...

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Bibliographic Details
Published in:Technology analysis & strategic management 2024-04, Vol.36 (4), p.651-664
Main Authors: Zapata-Huamaní, Guillermo Andrés, Fernández-López, Sara, Andreassi, Tales
Format: Article
Language:English
Subjects:
Colleges & universities
Comparative analysis
Comparative studies
Employment
Entrepreneurship
higher education
Human capital
Latin America
New technology
Panel data
Service industries
Shape effects
technological entrepreneurship
University
university-business relationship
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Summary:The purpose of this paper is twofold. First is to analyse the role of the university as a contextual determinant of technological entrepreneurship. Second is to study how a set of regional factors can shape the effect of universities on technological entrepreneurship. A comparative analysis between South-American and high-income countries is carried out using panel data methodology for a sample of 70 countries participating in the Global Entrepreneurship Monitor (GEM) during the period 2006-2017. The results show a positive influence of the university on the technological entrepreneurship through its role as a supplier of talented human capital. Additionally, the findings indicate that this impact is shaped by other country's factors. Thus, in countries with a high proportion of employees with advanced studies, the presence of entrepreneurship using new technologies increases the positive effect of highly qualified human capital on technological entrepreneurship. In contrast, such a positive influence is lower when the number of days required to start a business, the necessity-driven entrepreneurship or the percentage of employment in the country's service sector increase.
ISSN:0953-7325
1465-3990
DOI:10.1080/09537325.2022.2049740