Birth and Survival of Graduate Enterprises an Universities

Arguably, local and national economic ecosystems rely on the influence of higher education institutions who - in turn - influence the birth and survival of graduate businesses. The first kind of influence can be rooted in academic research and development activities: innovators within academia tran...

Full description

Bibliographic Details
Main Authors: Ondoš, S., Polonyová, E., Ely, Philip
Other Authors: Nijkamp, P
Format: Conference Paper
Published: Technical University of Košice 2015
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/80604
_version_ 1848764244285194240
author Ondoš, S.
Polonyová, E.
Ely, Philip
author2 Nijkamp, P
author_facet Nijkamp, P
Ondoš, S.
Polonyová, E.
Ely, Philip
author_sort Ondoš, S.
building Curtin Institutional Repository
collection Online Access
description Arguably, local and national economic ecosystems rely on the influence of higher education institutions who - in turn - influence the birth and survival of graduate businesses. The first kind of influence can be rooted in academic research and development activities: innovators within academia transform the scientific advancements into spinoff companies, delivering a hypothetically significant market advantage. The second kind of influence can be related to the university graduates: new businesses are created providing graduate start-ups with competitive advantage built on new knowledge and skills developed during learning programmes. These graduate enterprises - once born - differ in their likelihood of survival, the number of employees they hire and in volume of turnover. The location of these start-ups (both within knowledge domains and geographic space) may be systematically influencing both birth intensity and survival trajectory. For example, urban areas - with more competition, variety in demand, and with a historical record of higher entrepreneurial activity - are often seen as providing the right environment for generating more successful entrepreneurs. In other regions, the lack of employment opportunities prevents certain enterprises from being born into the local economy; whilst at the same time promotes entrepreneurship founded in a necessity to create one's own job. Other locations also differ in availability of initial investment resources - again inhibiting or encouraging start-ups. With these local conditions in mind, we aim to question the survival rate of enterprises located in more and less favourable settings and explore the role of universities in this context as institutions expected to play a positive role in the improved business survival. We attempt to link the volume and orientation of academic research and development activities with graduate enterprises, analysing how certain research domains may be more effective compared to others in transferring knowledge and skills into the marketplace. We also provide a review of the local factors outlined above and propose a design for the econometric testing of university influence on graduate start-ups in the United Kingdom.
first_indexed 2025-11-14T11:16:16Z
format Conference Paper
id curtin-20.500.11937-80604
institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T11:16:16Z
publishDate 2015
publisher Technical University of Košice
recordtype eprints
repository_type Digital Repository
spelling curtin-20.500.11937-806042021-01-14T02:58:36Z Birth and Survival of Graduate Enterprises an Universities Ondoš, S. Polonyová, E. Ely, Philip Nijkamp, P Kourtit, K Buček, M Hudec, O graduate enterprise survival UK University Arguably, local and national economic ecosystems rely on the influence of higher education institutions who - in turn - influence the birth and survival of graduate businesses. The first kind of influence can be rooted in academic research and development activities: innovators within academia transform the scientific advancements into spinoff companies, delivering a hypothetically significant market advantage. The second kind of influence can be related to the university graduates: new businesses are created providing graduate start-ups with competitive advantage built on new knowledge and skills developed during learning programmes. These graduate enterprises - once born - differ in their likelihood of survival, the number of employees they hire and in volume of turnover. The location of these start-ups (both within knowledge domains and geographic space) may be systematically influencing both birth intensity and survival trajectory. For example, urban areas - with more competition, variety in demand, and with a historical record of higher entrepreneurial activity - are often seen as providing the right environment for generating more successful entrepreneurs. In other regions, the lack of employment opportunities prevents certain enterprises from being born into the local economy; whilst at the same time promotes entrepreneurship founded in a necessity to create one's own job. Other locations also differ in availability of initial investment resources - again inhibiting or encouraging start-ups. With these local conditions in mind, we aim to question the survival rate of enterprises located in more and less favourable settings and explore the role of universities in this context as institutions expected to play a positive role in the improved business survival. We attempt to link the volume and orientation of academic research and development activities with graduate enterprises, analysing how certain research domains may be more effective compared to others in transferring knowledge and skills into the marketplace. We also provide a review of the local factors outlined above and propose a design for the econometric testing of university influence on graduate start-ups in the United Kingdom. 2015 Conference Paper http://hdl.handle.net/20.500.11937/80604 Technical University of Košice restricted
spellingShingle graduate
enterprise
survival
UK
University
Ondoš, S.
Polonyová, E.
Ely, Philip
Birth and Survival of Graduate Enterprises an Universities
title Birth and Survival of Graduate Enterprises an Universities
title_full Birth and Survival of Graduate Enterprises an Universities
title_fullStr Birth and Survival of Graduate Enterprises an Universities
title_full_unstemmed Birth and Survival of Graduate Enterprises an Universities
title_short Birth and Survival of Graduate Enterprises an Universities
title_sort birth and survival of graduate enterprises an universities
topic graduate
enterprise
survival
UK
University
url http://hdl.handle.net/20.500.11937/80604