Academics' Organizational Characteristis and the Generation of Successful Business Ideas

Posted: 20 Sep 2006

See all articles by Alessandro Grandi

Alessandro Grandi

University of Bologna

Rosa Grimaldi

University of Bologna - Department of Management

Abstract

This paper deals with the generation of Business Ideas (BI) by academics. It investigates organizational factors affecting the process through which new ventures are established by academics and which are likely to affect their performance. The BI Market Attractiveness and the BI Articulation are addressed as two characteristics of academic spin-off companies which are likely to lead to their success. Two research hypotheses are formulated: a) that the BI Market Attractiveness at the time of establishment of the new venture is positively influenced by the market orientation of the academic founders, and by their frequency of interaction with external agents; b) that the BI Articulation at the time of establishment of the new venture is positively affected by the articulation of roles, and by the degree of prior joint experience of the academic founders. We test our hypotheses on a sample of 42 Italian academic start-ups. Implications for both universities and academic entrepreneurs are discussed.

Keywords: Academic Spin-offs, Business Ideas, Organizational Characteristics

Suggested Citation

Grandi, Alessandro and Grimaldi, Rosa, Academics' Organizational Characteristis and the Generation of Successful Business Ideas. Journal of Business Venturing, Vol. 20, No. 6, pp. 821-845, 2005, Available at SSRN: https://ssrn.com/abstract=931516

Alessandro Grandi (Contact Author)

University of Bologna ( email )

Piazza Scaravilli 2
Bologna, 40100
Italy

Rosa Grimaldi

University of Bologna - Department of Management ( email )

Piazza Scaravilli 1
Bologna, Bologna 40126
Italy

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