University spin-offs' steps in commercialization of sustainable energy inventions in northwest Europe

Razie Nejabat, Mozhdeh Taheri, Victor Scholten, Marina van Geenhuizen

Research output: Chapter in Book/Conference proceedings/Edited volumeChapterScientificpeer-review

3 Citations (Scopus)

Abstract

This chapter deals with small high-technology firms introducing sustainable energy inventions to the market. The focus is on university spin-offs, which typically show weak skills in management and marketing, but strong technology skills – in this chapter, solar photovoltaics, wind energy, biomass and hydro-power. A simplified conceptual model is explored by focusing on institutional aspects (countries) and network access as well as firms’ entrepreneurial orientation. The exploration of time to market draws on a selected sample of spin-offs in northwest Europe using rough-set analysis. The results show that the highest probability for quick market introduction occurs in an ‘innovation leader’ country (Sweden, Denmark, Finland) and among spin-offs’ involved in multiple networks, followed by those with a practical orientation and access to substantial investment. There are no differences between entrepreneurial ecosystems in metropolitan areas and remote/small urban places. Rather, the results indicate a trend for compensation in ‘thin regions’ through long-distance networks and ‘workplace learning’.
Original languageEnglish
Title of host publicationCities and Sustainable Technology Transitions
Subtitle of host publicationLeadership, Innovation and Adoption
EditorsMarina van Geenhuizen, J. Adam Holbrook, Mozhdeh Taheri
PublisherEdward Elgar Publishing
Chapter3
Pages59-87
Number of pages29
ISBN (Electronic)9781783476770
ISBN (Print)9781783476763
DOIs
Publication statusPublished - 2018

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