University spin-off challenges and opportunities: a proposed framework of academic entrepreneurship in developing economies
This study proposes a comprehensive framework for academic entrepreneurship to enhance university technology commercialisation in developing economies. This framework helps university researchers and faculty staff to best serve the needs of industry, the demands of users, and the interests of govern...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2025-12-01
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| Series: | Cogent Education |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/2331186X.2025.2530894 |
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| Summary: | This study proposes a comprehensive framework for academic entrepreneurship to enhance university technology commercialisation in developing economies. This framework helps university researchers and faculty staff to best serve the needs of industry, the demands of users, and the interests of government through commercialisation of research products. The developed framework provides insights that helps university researchers avoid common failures when deploying academic research in response to demand. This study focuses on academic entrepreneurship experience and practice. It also addresses challenges faced by university researchers in their attempts to commercialise research. An exploratory study conducted to examine current academic entrepreneurship practices. A qualitative approach was used for data collection, and semi-structured interviews were conducted with senior academic leaders at two major universities in developing countries. This study identifies critical challenges—cultural misalignment, funding gaps, and insufficient training—and contextualises stakeholder roles (industry, government, and academia). As a result, an appropriate academic entrepreneurship framework was developed, which could be considered a proposed approach for establishing a spin-off company, sales licence or royalty. The framework integrates training protocols and end-user feedback as systemic components. This approach also provides actionable strategies for universities seeking to balance commercialisation and academic integrity while promoting regional economic growth. |
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| ISSN: | 2331-186X |