TY - JOUR
T1 - A study of biotechnology university spin-offs
T2 - Scientific team effectiveness and the external CEO
AU - van der Steen, Marianne
AU - Englis-Danskin, Paula
AU - Englis, Basil G.
PY - 2013
Y1 - 2013
N2 - This paper presents an empirical exploration of the effectiveness of scientific teams and the role of an external CEO in the spin-off formation process. The paper contributes to the literature by focusing on the role of the experienced or 'external' entrepreneur (their commercial resources and capabilities) in the early phase of spin-off formation and offering an attempt to understand the interaction between scientific team effectiveness and the external CEO. The data are drawn from the BioPartner First Stage Grant, a seed fund initiated in the Netherlands that aims to stimulate university spin-offs in biotechnology. This unique data set covers 68 biotechnology spin-off projects and the results show that an external CEO positively influences the spin-off creation and leverages the effect of the spin-off's scientific quality.
AB - This paper presents an empirical exploration of the effectiveness of scientific teams and the role of an external CEO in the spin-off formation process. The paper contributes to the literature by focusing on the role of the experienced or 'external' entrepreneur (their commercial resources and capabilities) in the early phase of spin-off formation and offering an attempt to understand the interaction between scientific team effectiveness and the external CEO. The data are drawn from the BioPartner First Stage Grant, a seed fund initiated in the Netherlands that aims to stimulate university spin-offs in biotechnology. This unique data set covers 68 biotechnology spin-off projects and the results show that an external CEO positively influences the spin-off creation and leverages the effect of the spin-off's scientific quality.
U2 - 10.5367/ihe.2013.0138
DO - 10.5367/ihe.2013.0138
M3 - Article
SN - 0950-4222
VL - 27
SP - 15
EP - 25
JO - Industry and higher education
JF - Industry and higher education
IS - 1
ER -