A study of biotechnology university spin-offs: Scientific team effectiveness and the external CEO

Marianne van der Steen, Paula Englis-Danskin, Basil G. Englis

    Research output: Contribution to journalArticleAcademicpeer-review

    3 Citations (Scopus)
    6 Downloads (Pure)

    Abstract

    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.
    Original languageEnglish
    Pages (from-to)15-25
    Number of pages11
    JournalIndustry and higher education
    Volume27
    Issue number1
    DOIs
    Publication statusPublished - 2013

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