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ERIC Number: EJ1119528
Record Type: Journal
Publication Date: 2016-Aug
Pages: 14
Abstractor: As Provided
ISSN: ISSN-0950-4222
R&D Investment in New Technology-Based Firms: Strategic and Entrepreneurial Dynamics and the Impact of Universities
Lynskey, Michael J.
Industry and Higher Education, v30 n4 p278-291 Aug 2016
This article examines how two core factors--strategic and entrepreneurial dynamics--influence research and development (R&D) investment in new technology-based firms (NTBFs) using data from a questionnaire survey conducted in Japan. Among the strategic dynamics, it is found that joint R&D projects with universities have a positive, complementary effect on R&D investment. Moreover, among the entrepreneurial dynamics, a chief executive officer's higher education and prior industry experience in an R&D role (the latter implying at least a tertiary-level education in order to have acquired such experience) are positively related to R&D investment. These results indicate that the impact of universities on R&D expenditure in NTBFs occurs in strategic and entrepreneurial dynamics, and is expressed both directly and indirectly, with consequent implications for R&D capability and innovation.
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Japan
Grant or Contract Numbers: N/A