This article discusses the role of intangibles for the strategic management of academic entrepreneurship and presents a framework for analysis and measurement of value creation dynamics. Most scholars are interested in that entrepreneurial dimension that allows academia to pursue innovation development and commercialization, for example through intellectual asset management, university spin-offs and technology transfer and brokering. While initially conceived as an institution with a teaching mission, in recent years, the university is assuming a "third mission", contributing to society and economic development more directly and so integrating the traditional teaching and research mission. In this strategic role, Knowledge assets and intellectual capital (IC) underpin the core drivers of value creation and need to be appropriately management and measured to assess the impact at economic and social level. The assessment of performance of academic entrepreneurship is not easy since the concept of IC can be used as a valid strategic management framework and competitive tool for Universities. In the tentative to cover this gap, the article tries to provide a contribution in this direction, presenting an integrative framework for IC management highlighting the dynamic relationship among the three components of intangible assets and their strategic impact on value creation dynamics in academic entrepreneurship. The critical examination of how IC evolves in practices over time is really relevant and allow the personalization to universities in different stage of IC maturity. The framework is coherent with the need to assume IC as a management technology especially in cases of universities attempting to manage IC for the first time. The framework provides a theoretical continuum along which the process of maturity of the University allows to be developed incrementally from one level to the next one, analysing how IC evolves in practice over time with regard to academic entrepreneurship activities. Implications for theory will be discussed along with future research.

Intellectual Capital in Academic Entrepreneurship: Moving Beyond Measurement

SECUNDO, Giustina;
2015

Abstract

This article discusses the role of intangibles for the strategic management of academic entrepreneurship and presents a framework for analysis and measurement of value creation dynamics. Most scholars are interested in that entrepreneurial dimension that allows academia to pursue innovation development and commercialization, for example through intellectual asset management, university spin-offs and technology transfer and brokering. While initially conceived as an institution with a teaching mission, in recent years, the university is assuming a "third mission", contributing to society and economic development more directly and so integrating the traditional teaching and research mission. In this strategic role, Knowledge assets and intellectual capital (IC) underpin the core drivers of value creation and need to be appropriately management and measured to assess the impact at economic and social level. The assessment of performance of academic entrepreneurship is not easy since the concept of IC can be used as a valid strategic management framework and competitive tool for Universities. In the tentative to cover this gap, the article tries to provide a contribution in this direction, presenting an integrative framework for IC management highlighting the dynamic relationship among the three components of intangible assets and their strategic impact on value creation dynamics in academic entrepreneurship. The critical examination of how IC evolves in practices over time is really relevant and allow the personalization to universities in different stage of IC maturity. The framework is coherent with the need to assume IC as a management technology especially in cases of universities attempting to manage IC for the first time. The framework provides a theoretical continuum along which the process of maturity of the University allows to be developed incrementally from one level to the next one, analysing how IC evolves in practice over time with regard to academic entrepreneurship activities. Implications for theory will be discussed along with future research.
978-1-910810-47-7
academic entrepreneurship; spin-off; intellectual capital; intellectual capital management; framework; university
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/20.500.12572/1497
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