Knowledge Spillovers, knowledge filters and entrepreneurial university ecosystems. Emerging role of university-focused Venture Capital firms

Antonio Padilla-Meléndez, Elena Fuster, Nigel Lockett, Ana Rosa Del Aguila-Obra

Research output: Contribution to journalArticlepeer-review

4 Citations (Scopus)

Abstract

In this study, the role played by investment managers from University-focused Venture Capital firms (UVCs) in knowledge spillovers in Entrepreneurial University Ecosystems (EUEs) is analysed. In the context of England, and using the lens of the Knowledge Spillover Theory of Entrepreneurship, data from fifteen in-depth interviews with key agents of the EUEs was examined with Social Network Analysis and qualitative analysis. As contribution, we identified the emerging role of UVCs as key knowledge intermediaries in developing and sustaining EUEs. We found that UVCs are key to overcome knowledge filters and maintain dynamic relationships over time between entrepreneurial universities and University Spin-off companies. In this paper, we describe how UVCs are acting as social connectors, facilitating two-way knowledge and technology exchange in developing and sustaining EUEs.
Original languageEnglish
Pages (from-to)94-105
JournalKnowledge Management Research and Practice
Volume19
Issue number1
Early online date25 Mar 2020
DOIs
Publication statusPublished - Jan 2021

Keywords

  • knowledge spillover
  • entrepreneurial university ecosystems
  • venture capital firms
  • surrogate entrepreneurs

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