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Building Innovation Capabilities

Building Innovation Capabilities: An Inquiry into the Dynamic Growth Process of University Spin-Outs in ChinaUniversity spinout (USO) are an important source of innovation however concerns are raised about the mediocre survival rate in general and even a lower rate for those to grow larger.

To analyse the situation and better understand the dynamic growth process of university spin-outs (USOs) in China, authors Y. Zhou and T. Minshall investigated the interconnections between innovation problem-solving and the required configuration of innovation capabilities in four growth phases.

  • One Technological
  • Two Market
  • Three Financial
  • Four Industrial

Some of the findings included:

 

USOs in China appear to be able to achieve high growth when:

  • there is a technology-push model with a state-of-the-art core tech, but not too leading-edge
  • leaders have a strong integrative capability for knowledge, culture and people
  • there is an effective alliance with the parent university in R&D
  • access to healthy corporate governance

To read more:

Building Innovation Capabilities: An Inquiry into the Dynamic Growth Process of University Spin-Outs in China International Journal of Innovation and Technology Management, World Scientific, 2010, By Y. Zhou and T. Minshall

Recommended by Prof Tugrul Daim, post by R&D Today admin

R&D PipelineTim MinshallY. Zhou
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