Barriers to the development of spin-offs. A fuzzy-set-theoretic approach
Journal Title: Operations Research and Decisions - Year 2018, Vol 28, Issue 4
Abstract
University spin-offs have idiosyncratic strengths in comparison to other new firms. However, evidence also shows that Polish university spin-offs have a low survival rate, and only a small percent of them grow into sustainable businesses. The purpose of this paper is to carry out an empirical study to determine the nature of barriers to the growth of Polish university spin-offs, in order to address the two major research questions considered by this paper: what are the major barriers to growth, and which combinations of these barriers have the greatest impact on the performance of the university spin-offs under study? Firstly, this paper attempts to explore these research questions through a literature review and pilot interviews, based on which a questionnaire was developed. Secondly, this study attempts to address the research questions through a fuzzy-set-theoretic approach by using a software package, such as fs/QCA- fuzzy set Qualitative Comparative Analysis. This paper identifies six key groups of barriers to the growth of university spin-offs in Poland, namely financial, competence, psychological, organizational, informational and formal barriers. Moreover, four alternative configurations of key groups of barriers to the growth of spin-offs that lead to low performance among the organizations examined are distinguished using fs/QCA. This problem is interesting not only from a scientific, but also a practical, point of view, pointing out the need for increased attention, not only from academic entrepreneurs themselves, but also for greater effort from universities and the government to cultivate university spin-offs. Most importantly, simultaneous action in all of these directions is necessary. The continuation of such research is also important, which will consider, on the one hand, a larger sample of firms, and, on the other hand, the results achieved so far and their re-conceptualization.
Authors and Affiliations
Anna KWIOTKOWSKA
Keywords
Related Articles
- EP ID EP469524
- DOI 10.5277/ord180403
- Views 54
- Downloads 0
A collaborative strategy for a three echelon supply chain with ramp type demand, deterioration and inflation
A supply chain system has been investigated in which a single manufacturer procures raw materials from a single supplier, processes them to produce finished products, and then delivers the products to a single retailer....
Energy prosumers: profiling the energy microgeneration market in Lower Silesia, Poland
Microgeneration of energy has the potential to become an important component of the energy policy of many governments, because it may substantially lower carbon emissions and reduce the need for new infrastructure. Never...
Barriers to the development of spin-offs. A fuzzy-set-theoretic approach
University spin-offs have idiosyncratic strengths in comparison to other new firms. However, evidence also shows that Polish university spin-offs have a low survival rate, and only a small percent of them grow into susta...
Multi-method and multi-criteria decision analysis of objects in a computerized decision support system
A multimethod approach to the multicriteria analysis and assessment of objects (rankings, grouping, econometric assessments) have been presented. This issue is a field of research and engineering associated with the cons...
Exchange of goods while investing into production and safety
The tradeoff between production and safety investment is scrutinized for two agents who convert resources into production and safety investment while simultaneously exchanging goods voluntarily. We quantify how two Cobb–...