Riassunto analitico
In our age of heightened global connectivity, it's not just the giants of industry turning their gaze towards international horizons. An intriguing subset of businesses - academic spin-offs, the entrepreneurial offspring of scholarly research- also considers global marketplaces for their growth trajectories. The upshot of this evolution is a paradigm shift where the confines of local markets are replaced with the possibility of worldwide impact, right from the outset.
Academic spin-offs occupy a distinct space within this worldwide stage. They are wellsprings of innovation and technological advancement and are growingly recognized for their potential in driving economic growth and creating lasting societal benefits. But the path to surviving as a sustainable business while shifting from local players to global contenders is riddled with complexities and unpredictability. New regulatory landscapes, unfamiliar competitive dynamics, and cultural differences can be particularly daunting.
While there is a rich body of research detailing the factors that propel startups toward success and the challenges they grapple with, these studies largely cover broad topics such as product-market fit, securing capital, and the role of entrepreneurial leadership (Aulet & Murray, 2013; Mawson & Brown, 2019). A conspicuous void exists when it comes to understanding the unique success factors and hurdles academic spin-offs encounter in their global pursuits.
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Abstract
In our age of heightened global connectivity, it's not just the giants of industry turning their gaze towards international horizons. An intriguing subset of businesses - academic spin-offs, the entrepreneurial offspring of scholarly research- also considers global marketplaces for their growth trajectories. The upshot of this evolution is a paradigm shift where the confines of local markets are replaced with the possibility of worldwide impact, right from the outset.
Academic spin-offs occupy a distinct space within this worldwide stage. They are wellsprings of innovation and technological advancement and are growingly recognized for their potential in driving economic growth and creating lasting societal benefits. But the path to surviving as a sustainable business while shifting from local players to global contenders is riddled with complexities and unpredictability. New regulatory landscapes, unfamiliar competitive dynamics, and cultural differences can be particularly daunting.
While there is a rich body of research detailing the factors that propel startups toward success and the challenges they grapple with, these studies largely cover broad topics such as product-market fit, securing capital, and the role of entrepreneurial leadership (Aulet & Murray, 2013; Mawson & Brown, 2019). A conspicuous void exists when it comes to understanding the unique success factors and hurdles academic spin-offs encounter in their global pursuits.
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