TY - JOUR
T1 - Transformative change in higher education
T2 - entrepreneurial universities and high-technology entrepreneurship
AU - Cunningham, James A.
AU - Menter, Matthias
PY - 2021/3/16
Y1 - 2021/3/16
N2 - Public policies focusing on the higher education landscape often pursue a paradigm shift among universities that may ultimately lead to the transformation towards entrepreneurial universities. The purpose of this paper is to examine whether a higher education policy-induced transformation significantly influenced regional high-technology entrepreneurship. We thereby focus on the German Excellence Initiative, a higher education policy intervention designed to foster and support the transformative change of German universities towards an entrepreneurial paradigm. Our results reveal that the German Excellence Initiative had a positive and significant impact on regional high-technology entrepreneurship. Our results further show that the higher the interaction with industry, the more conducive universities become for regional high-technology entrepreneurship. In addition, universities’ overarching scientific focus decisively affects regional high-technology entrepreneurship. Based on our results, we conclude our paper by outlining implications for policy makers, high-technology entrepreneurs and university managers as well as present future avenues for research.
AB - Public policies focusing on the higher education landscape often pursue a paradigm shift among universities that may ultimately lead to the transformation towards entrepreneurial universities. The purpose of this paper is to examine whether a higher education policy-induced transformation significantly influenced regional high-technology entrepreneurship. We thereby focus on the German Excellence Initiative, a higher education policy intervention designed to foster and support the transformative change of German universities towards an entrepreneurial paradigm. Our results reveal that the German Excellence Initiative had a positive and significant impact on regional high-technology entrepreneurship. Our results further show that the higher the interaction with industry, the more conducive universities become for regional high-technology entrepreneurship. In addition, universities’ overarching scientific focus decisively affects regional high-technology entrepreneurship. Based on our results, we conclude our paper by outlining implications for policy makers, high-technology entrepreneurs and university managers as well as present future avenues for research.
KW - entrepreneurial universities
KW - Entrepreneurship
KW - excellence initiative
KW - Germany
KW - high-technology entrepreneurship
KW - start-ups
KW - entrepreneurial ecosystems
KW - Entrepreneurial ecosystems
UR - http://www.scopus.com/inward/record.url?scp=85084824536&partnerID=8YFLogxK
U2 - 10.1080/13662716.2020.1763263
DO - 10.1080/13662716.2020.1763263
M3 - Article
AN - SCOPUS:85084824536
VL - 28
SP - 343
EP - 364
JO - Industry and Innovation
JF - Industry and Innovation
SN - 1366-2716
IS - 3
ER -