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08

February

CIRCLE seminar: Einar Rasmussen

Portrait of a man with the text: Welcome to a CIRCLE seminar with Einar Rasmussen.
From: 2023-02-08 12:15 to 13:00 Seminarium

CIRCLE invites you to a research seminar with Einar Rasmussen – Professor at Nord University Business School, Norway. He will talk about his paper on the economic and societal impact generated by academic spin-offs (ASOs) – new ventures set up to commercialize scientific research.

Title of the paper

Economic and Societal Impact of Academic Spin-offs: An emerging taxonomy with illustrative cases

Abstract

This paper explores the economic and societal impact generated by academic spin-offs (ASOs) – new ventures set up to commercialize scientific research.

Despite strong beliefs in the ability of ASOs to spur economic and social progress, the literature on academic entrepreneurship has mainly looked at the direct financial performance of ASOs. Less is known about the extent of and types of impacts ASOs generate outside the firm itself.

We used an inductive approach to code and analyze more than 4200 newspaper and media articles covering 316 Norwegian ASOs. We found that the majority of ASOs complemented their commercial sales with some form of impact beyond the firm itself. We develop a taxonomy of ASOs by categorizing them on the high or low dimension of the economic and the societal impact they produce. The taxonomy shows four types of firms named: achievers, societals, profiteers, and prospectors.

This paper focuses on the achievers, societals, and profiteers to illustrate the economic and societal impact they generate while the prospectors only have an intended and not yet realized impact. The paper extends the debate about the societal impact of ASOs and offer implications for research and policy.

Biography of Einar Rasmussen

Einar Rasmussen is Professor at Nord University Business School, Norway. He has been a visiting scholar at the Universities of Nottingham, Strathclyde, Twente, Bologna, and Ghent.

His main research interests are entrepreneurial processes, academic entrepreneurship and university-industry technology transfer. He has managed several research and development projects funded by research councils, ministries and government agencies.

From 2020 he is among the 2 per cent of scientists with highest citation impact in the world according to a ranking compiled at Stanford University. He has published in leading journals such as Journal of Management Studies, Research Policy, Entrepreneurship Theory & Practice, Academy of Management Perspectives, Strategic Entrepreneurship Journal, Journal of Business Research, Technovation, and Small Business Economics.



Om händelsen
From: 2023-02-08 12:15 to 13:00

Plats
CIRCLE and online

Kontakt
linda [dot] stihl [at] keg [dot] lu [dot] se

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