Is Open Source about innovation? How interactions with the Open Source community impact on the innovative performances of entrepreneurial ventures

Practitioners generally assert that collaboration with the Open Source software (OSS) community enables young software firms to achieve superior innovation performance. Nonetheless, to the best of our knowledge, scholars have never extensively speculated about this assertion or rigorously tested it. In this paper, we attempt to do so. First, we root on the entrepreneurship literature and on the OSS research stream to discuss and empirically investigate whether entrepreneurial ventures collaborating with the OSS community (OSS EVs) achieve innovation performance superior to that of their non-collaborating peers. Then, we refer to the concept of absorptive capacity to determine which factors make OSS EVs better able to leverage their collaboration with the OSS community for innovation purposes. Our econometric estimates use a sample of 230 firms and indicate that OSS EVs collaborating with the OSS community achieve superior innovation. At the same time, the impact of community collaborations on innovation is stronger for EVs that are endowed with more skilled human capital, have experience with firm- OSS community collaboration, and actively contribute to the community.Entrepreneurial ventures, Open Source, firm-community collaboration, innovation performance

Technology transfer offices as boundary spanners in the pre-spin-off process: the case of a hybrid model

Over the past decades, universities have increasingly become ambidextrous organizations reconciling scientific and commercial missions. In order to manage this ambidexterity, technology transfer offices (TTOs) were established in most universities. This paper studies a specific, often implemented, but rather understudied type of TTO, namely a hybrid TTO model uniting centralized and decentralized levels. Employing a qualitative research design, we examine how and why the two TTO levels engage in diverse boundary spanning activities to help nascent spin-off companies move through the pre-spin-off process. Our research identifies differences in the types of boundary spanning activities that centralized and decentralized TTOs perform and in the parties they engage with. We find geographical, technological and organizational proximity to be important antecedents of the TTOs’ engagement in external and internal boundary spanning activities. These results have important implications for both academics and practitioners interested in university technology transfer through spin-off creation

Are researchers deliberately bypassing the technology transfer office? An analysis of TTO awareness

Most universities committed to the commercialization of academic research have established technology transfer offices (TTOs). Nonetheless, many researchers bypass these TTOs and take their inventions directly to the marketplace. While TTO bypassing has typically been portrayed as deliberate and undesirable behavior, we argue that it could be unintentional as many researchers may simply be unaware of the TTO’s existence. Taking an information-processing perspective and using data on 3250 researchers in 24 European universities, we examine researcher attributes associated with TTO awareness. Our evidence confirms that only a minority of researchers are aware of the existence of a TTO at their university. TTO awareness is greater among researchers who possess experience as entrepreneurs, closed many research and consulting contracts with industry partners, conduct research in medicine, engineering or life sciences, or occupy postdoctoral positions. Policy implications of these findings are discussed

Time allocation behaviours of entrepreneurs: the impact of individual entrepreneurial orientation

This paper contributes to scholarly conversations on the allocation of entrepreneurs’ time in entrepreneurial ventures. I study the influence of entrepreneurs’ individual entrepreneurial orientation (IEO) on their time allocation behaviours. I formulate a series of hypotheses about the impact of IEO dimensions—innovativeness, proactiveness and risk-taking—on the allocation of entrepreneurs’ time to (1) strategic versus operational activities and (2) scheduled versus unscheduled meetings. I test these hypotheses using data on 213 entrepreneurs from Italian entrepreneurial ventures. The findings indicate that proactiveness and risk-taking are associated with specific time allocation behaviours

Nuove tendenze nei settori ad alta tecnologia: il caso italiano

The paper seeks to highlight the key features of the new technology-based firms (NTBFs) founded in Italy after the burst of the Internet bubble and compare them with those of the NTBFs founded in earlier years. First, data on the population of Italian NTBFs founded since 1984 is used to illustrate the evolution of Italian high-tech industries in terms of the industrial and geographical distribution of both new and closed firms. Second, data from the RITA database is used to analyze the characteristics of Italian NTBFs founded between 2002 and 2007 and compared with data relating to the NTBFs established in the 1996-2001 period. The two analyses enable the author to identify some implications for technology policy geared to Italian NTBFs.Giovani imprese ad alta tecnologia, modelli di business, finanziamento, strategie di sviluppo delle competenze, internazionalizzazione

Human capital signals and entrepreneurs’ success in equity crowdfunding

Grounding on research about the role of signals in the attraction of equity finance, this paper studies the effects of diverse human capital signals on entrepreneurs’ success in equity crowdfunding. We argue that the human capital of an entrepreneur, who launches (alone or with other teammates) an equity crowdfunding campaign to finance her start-up, constitutes a set of signals of the start-up quality. The impact of each human capital signal on entrepreneur’s success in equity crowdfunding depends on both signal fit with start-up quality and signal ambiguity. Empirical estimates on 284 entrepreneurs who launched equity crowdfunding campaigns indicate that only entrepreneurs’ business education and entrepreneurial experience, two human capital signals that have both a good fit with start-up quality and a low degree of ambiguity, significantly contribute to entrepreneurs’ success in equity crowdfunding