Sustainability and scalability of university spinouts:  a business model perspective

Ali Ziaee  Bigdeli; Feng Li; Xiaohui Shi

doi:10.1111/radm.12167

Sustainability and scalability of university spinouts: a business model perspective

Ali Ziaee Bigdeli, Feng Li, Xiaohui Shi

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Abstract

Most previous studies of university spinouts (USOs) have focused on what determines their formation from the perspectives of the entrepreneurs or of their parent universities. However, few studies have investigated how these entrepreneurial businesses actually grow and how their business models evolve in the process. This paper examines the evolution of USOs' business models over their different development phases. Using empirical evidence gathered from three comprehensive case studies, we explore how USOs' business models evolve over time, and the implications for the financial sustainability and operational scalability of these ventures. This paper extends existing research on the development of USOs, and highlights three themes for future research.

Original language	English
Pages (from-to)	504-518
Journal	R & D Management
Volume	46
Issue number	3
Early online date	25 Sept 2015
DOIs	https://doi.org/10.1111/radm.12167
Publication status	Published - Jun 2016

Keywords

WNU
University Spinout
Business Model
Sustainability
Scalability
Case Study

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10.1111/radm.12167

R_D_Mgt_Sustainability_and_Scalability_of_University_Spinouts_POST_PRINT
This is the accepted version of the following article: "Sustainability and scalability of university spinouts: a business model perspective", (2015), R&D Management, ISSN: 1467-9310, DOI: , which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/radm.12167/abstract
Accepted author manuscript (Post-print), 567 KB

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abstract = "Most previous studies of university spinouts (USOs) have focused on what determines their formation from the perspectives of the entrepreneurs or of their parent universities. However, few studies have investigated how these entrepreneurial businesses actually grow and how their business models evolve in the process. This paper examines the evolution of USOs' business models over their different development phases. Using empirical evidence gathered from three comprehensive case studies, we explore how USOs' business models evolve over time, and the implications for the financial sustainability and operational scalability of these ventures. This paper extends existing research on the development of USOs, and highlights three themes for future research.",

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Sustainability and scalability of university spinouts: a business model perspective

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Keywords

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