Showing papers by "Donald S. Siegel published in 2018"
TL;DR: Nambisan et al. as discussed by the authors identified and discussed several of these factors and the associated challenges and highlighted the need for additional research, including regulatory policies, digitization, and globalization that shape the emerging opportunities.
Abstract: Case Western Reserve University, Cleveland, Ohio Arizona State University, Phoenix, Arizona University of California, Davis, Davis, California Correspondence Satish Nambisan, Nancy and Joseph Keithley Professor of Technology Management, The Weatherhead School of Management, Case Western Reserve University, Cleveland, OH 44106-7235. Email: satish.nambisan@case.edu Research Summary: In recent decades, two emergent phenomena have jointly transformed the nature and pursuit of entrepreneurship across industries and sectors: open innovation and platformization. Open innovation involves a shift toward more open and distributed models of innovation, while platformization refers to the increasing importance of digital platforms as a venue for value creation and capture. Together, open innovation and platforms have created numerous opportunities for entrepreneurs and their firms—from serving as inputs for innovation for established firms to participating as complementors on existing platforms. While these entrepreneurial opportunities (and conditions) have manifested themselves in rich and varied ways, our understanding of these new forms of entrepreneurship has lagged behind. In this essay, and in this special issue, our objective is to bring a sharper focus on the important research issues and questions that frame open innovation, platforms, and entrepreneurship. Managerial Summary: Digital platforms and open innovation environments have unleashed numerous promising opportunities for entrepreneurs, in industries ranging from consumer software, entertainment, and home appliances to auto, health, and energy. To pursue those opportunities, however, entrepreneurs will need to gain a deeper understanding of the factors that facilitate and constrain them. In this essay, we identify and discuss several of these factors and the associated challenges and highlight the need for additional research. We also consider some of the broader contextual factors, including regulatory policies, digitization, and globalization that shape the emerging opportunities.
198 citations
TL;DR: In this article, the importance of scientific research for innovation and economic performance at the firm and regional levels, and policymakers have extensively supported the commercialization of commercial scientific research, has been demonstrated.
Abstract: Studies have demonstrated the importance of scientific research for innovation and economic performance at the firm and regional levels, and policymakers have extensively supported the commercializ...
110 citations
TL;DR: In this paper, the authors conjecture that strategic management theory provides an opportunity to examine the organizational challenges and strategies of research universities and conjecture that it provides a theoretical framework to address organizational challenges.
Abstract: There are few theoretical frameworks to address organizational challenges and strategies of research universities We conjecture that strategic management theory provides an opportunity to examine
23 citations
TL;DR: The authors reviewed evidence of the impact of entrepreneurship on job creation, gender and race discrimination, university spinoffs, growth, economic geography, finance and the public sector and suggested that the distinctive nature of entrepreneurship raises theoretical, empirical and policy issues that the existing literature has not even begun to address to date.
Abstract: This article reviews evidence of the impact of entrepreneurship on job creation, gender and race discrimination, university spinoffs, growth, economic geography, finance and the public sector It defines entrepreneurship, corrects some conventional wisdoms about it and discusses policy implications of the evidence on its determinants and effects The article suggests that the distinctive nature of entrepreneurship raises theoretical, empirical and policy issues that the existing literature has not even begun to address to date
16 citations
20 Mar 2018
TL;DR: This paper reviewed the literature on academic entrepreneurship, including studies of university licensing, patenting, and startup formation, and synthesized these results and considered the managerial and policy implications of such trends.
Abstract: This chapter reviews the burgeoning literature on academic entrepreneurship, including studies of university licensing, patenting, and startup formation. I also attempt to synthesize these results and consider the managerial and policy implications of such trends.
6 citations
TL;DR: The Routledge Companion to Management Buyouts as discussed by the authors provides a much broader definition of management buyouts, reviewing the current state of research and theory and where further developments are likely to occur and incorporating PE and non-PE backed buyouts.
Abstract: Management Buyouts (MBOs) first came to prominence in the US during the early 1980s, and have subsequently become a global phenomenon and a highly significant transaction within the corporate restructuring landscape Although much recent attention has focused on private equity (PE) backed buyouts, these are only a subset of the total MBO market. The Routledge Companion to Management Buyouts takes a much broader definition, reviewing the current state of research and theory and where further developments are likely to occur and incorporating PE and non-PE backed buyouts, as well as variations such as management buy-ins and management-employee buyouts. It goes beyond the purely financial perspective, exploring the many different aspects of management buyouts and incorporating related disciplines including strategy, organizational change, and HRM providing the first truly comprehensive authoritative resource on the topic. Expertly edited, and drawing on international scholarship, this unique volume will be an invaluable sourcebook on MBOs for researchers and advanced students as well as those interested in the broader areas of corporate restructuring and ownership change.
4 citations
01 May 2018
1 citations