Academic Entrepreneurship proposal

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Academic Entrepreneurship: A quantitative study on motivational factors
of Academic Scientists to engage in Commercialization
Zujajah Khursheed
F17Mb021
Introduction:
In today’s world, Economies need innovation to compete in global market and universities are seen as
a place where Academic scientists (either a teacher or a student) innovates crispy ideas that have a
potential to be flourished in practical market. Such innovative ideas are then transformed into entirely
new products and at the end evolved into a completely new industry like Biotechnology. So,
Academic Entrepreneurship is a way through which academic scientist become entrepreneur by
creating university-industry linkage (commercializing their research). A lot of studies have been done
on Academic Entrepreneurship according to economic approach. In Pakistan, universities are opting
entrepreneurial role too by replicating the university-industry linkages in United States and United
Kingdom (Bano, 2012).
Problem Statement:
Academic Entrepreneurship is an under researched topic in Pakistan. So far personally I came across
with a single research by Shah Bano titled Role of Universities in Transforming a Developing
Economy into KBE a case of Pakistan. And other aspects of academic entrepreneurship have been
untouched in Pakistan. My study aimed to bridge the literature gap by critically and statistically
evaluating intentions of academic scientists to engage in commercialization. In our study I will try to
answer the question that why commercialization is still at its low stages despite of having the
favourable environment.
Objectives:
1. We will analyze economic, social and organizational and individual perspectives that lead an
academic scientist to cover up the journey of Academic Entrepreneur.
2. Why academic scientist engage in commercialization rather than staying satisfied on their
primary objective of teaching and research.
3. How star scientists engagement with industry urge a desire to them to go for the same act.
4. What are the organizational challenges that they faced during the attainment of their goal.
5. What kind of economic and social rewards they gain after commercialization.
Literature review:
From the past few years a lot of research has been done on the factors dealing with individual
transition to entrepreneurship. Entrepreneurial orientation can be defined as pro-activeness and risktaking approach (Miller, 2011). This approach has been opted by many universities how’s funding
budget are inadequate to meet their demands. So, universities now have started incubator offices,
university based consulting and established venture start-ups. It’s evident that those researches who
closely linked with industry are better performers then those who are not. It’s the basic reason of the
acceptance of university spin-off and commercialization of academic research (Braunerhjelm, 2007).
So high performance researchers who have a deeper understanding of the market needs are more
willing to commercialize their research (Kamariah Ismail a, 2015). According to Wright, Birley and
Mosey (2004) opinion spin-out(academics act to commercialize their research ) is the best choice then
to licence it to established firms (Mike Wright, 2004). Steps taken by Higher Education Commission
(HEC) of Pakistan are the establishment of technology Parks and technology transfer offices(TTO)
(Bano, 2012).The question of our Research has been answered by (Lam, 2010)that why an academic
scientist on an individual basis opt commercialization. According to her opinion, academic scientist
opt commercialization on the basis of their internal motivation. it is an acknowledged phenomena that
Academic entrepreneurial intentions is an activity that people planned to do it doesn’t happened
overnight. So Academic entrepreneurial intentions is a conceptual hub of various economic, social
and psychological factors (Emmanuel Ajike, 2015) in this research we will take a glance look how
these factors shape academic scientists intention to engage in commercialization.
Methodology:
The sample comprised of faculty and students from the University of the Punjab (PU). We will collect
150 faculty members and 100 students from science and engineering departments involved in
scientific research activity. Quantitative research will be done using structured questioner survey.
Collected data will then analyze using SPSS statistical package for social sciences.
References:
1. Bano, S. (2012). The Role of Universities in Tranforming a Developing economy into
Knowledge Based Economy:The Case of Pakistan. University of Southampton.
2. Braunerhjelm, P. (2007). Academic Entrepenureship: social norms , university culture and
policies. Beech Tree Publishing 2007.
3. Emmanuel Ajike, N. G. (2015). Entrepreneurship Education and Entrepreneurial Intentions:
the Role of Theory of Planned Behaviour.
4. Kamariah Ismail a, M. A. (2015). Entrepreneurial Intention, Entrepreneurial Orientation of
Faculty and. Kamariah Ismail et al. / Procedia - Social and Behavioral Sciences.
5. Lam, A. (2010). What motivates academic scientists to engage in research
commercialization:`gold', `ribbon' or `puzzle'?
6. Mike Wright, S. B. (2004). Entrepreneurship and University Technology Transfer.
7. Miller, D. (2011). A Reflection on EO research and some suggestions for the future.
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