Scholars’ Identity Transition and Its Impact on Spin-Offs’ R&D Input
Abstract
:1. Introduction
2. Theoretical Background and Hypothesis Development
2.1. Role of Academic Entrepreneurs
2.2. Academics’ Role-Taking Behavior and R&D Input
2.3. Role of Academic Entrepreneurs and the Boundary Conditions of R&D Input
3. Research Design
3.1. Sample Selection and Data Sources
3.2. Model Setting and Variable Definition
4. Results
4.1. Descriptive Statistics and Correlation Analysis
4.2. Empirical Research Results
5. Discussion and Conclusions
5.1. Limitations and Future Research Directions
5.2. Practical Implications
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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Role Choice | Role Taken | Quotation | Degree of Role Transition |
---|---|---|---|
CEO | Management, investment, R&D | “From university to firm operation, the logic is different. You earn money from university and earn money from business is completely different. It also different between how to manage student in university and how to manage people in a firm.” “R&D is the most important thing ... I will keep a close eye on recruitment and interviews, because we are now a firm, not a lab, most of them are R&D personnel...so I definitely have to do these business things, including task distribution, what they do, how they do and research and development issues ... “ “Basically, I am helping a little in terms of the core business now. What I am doing is, flicker my classmates (invest in)...” | High |
CTOCSO | Technical support, strategic planning | “He gives us some general technical direction...because he is a professor at Tsinghua University.” “Teacher G’s position in the company is called the chief scientist. He is responsible for the development of these basic technology development of our firm. ... he basically not involved in some daily operations.” | Medium |
Advisor | Resource docking, technical support, government coordination | “I feel that during the whole process, they still do the docking of resources ... In fact, he is our advisor until now, or similar to the advisor.” “For example, if the construction of the base involves coordination with the government, I am sure to help ...” “I didn’t actually participate in them. I think I am still a scholar, but when they need me sometimes, they will pull me out to help ... they have their own ideas or hire a professional manager for administrative issues.” | Low |
R&D | CEO | Aacadem_num | Embed | Social_Appoint | Returnee | Age | Gender | Firmage | Size | VC | Acade Ratio | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
R&D | 1 | |||||||||||
CEO | 0.090 | 1 | ||||||||||
Academic_num | −0.030 | 0.254 *** | 1 | |||||||||
Embed | −0.010 | −0.082 | 0.031 | 1 | ||||||||
Social_appoint | 0.089 | 0.060 | 0.024 | 0.088 | 1 | |||||||
Returnee | −0.093 | −0.004 | −0.021 | 0.057 | 0.008 | 1 | ||||||
Age | 0.057 | −0.097 * | 0.009 | −0.031 | 0.334 *** | 0.073 | 1 | |||||
Gender | −0.138 ** | −0.010 | 0.002 | −0.046 | −0.110 * | 0.006 | −0.078 | 1 | ||||
Firmage | 0.488 *** | 0.044 | −0.006 | 0.024 | 0.070 | −0.035 | 0.159 *** | −0.041 | 1 | |||
Size | 0.676 *** | 0.048 | −0.005 | −0.076 | 0.079 | −0.141 ** | 0.135 ** | −0.102 * | 0.500 *** | 1 | ||
VC | 0.232 *** | 0.080 | −0.022 | −0.052 | 0.005 | 0.016 | −0.060 | 0.018 | 0.117 ** | 0.288 *** | 1 | |
Acade ratio | −0.170 *** | 0.200 *** | 0.585 *** | −0.0540 | 0.093 | 0.008 | 0.069 | 0.016 | −0.106 * | −0.090 | −0.092 | 1 |
Model 1 | Model 2 | Model 3 | Model 4 | Model 5 | |
---|---|---|---|---|---|
Variables | CEO | CEO | R&D | R&D | R&D |
Embed | −0.024 * | 0.008 | 0.010 | 0.008 | |
(0.014) | (0.008) | (0.008) | (0.008) | ||
CEO | 0.253 ** | 0.708 ** | |||
(0.124) | (0.291) | ||||
Academic_num | 0.230 | ||||
(0.154) | |||||
CEO * Academic_num | −0.332 * | ||||
(0.172) | |||||
Social_appoint | 0.268 | 0.310 * | 0.057 | 0.034 | 0.036 |
(0.174) | (0.176) | (0.132) | (0.131) | (0.130) | |
Returnee | 0.050 | 0.064 | −0.240 ** | −0.245 ** | −0.254 ** |
(0.169) | (0.170) | (0.122) | (0.122) | (0.121) | |
Age | −0.019 ** | −0.021 *** | −0.006 | −0.004 | −0.004 |
(0.008) | (0.008) | (0.005) | (0.005) | (0.005) | |
Gender | −0.057 | −0.094 | 0.020 | −0.012 | −0.006 |
(0.361) | (0.362) | (0.334) | (0.341) | (0.351) | |
Firmage | 0.048 | 0.054 | 0.069 ** | 0.065 ** | 0.068 ** |
(0.039) | (0.039) | (0.029) | (0.029) | (0.030) | |
Size | 0.028 | 0.019 | 0.382 *** | 0.385 *** | 0.388 *** |
(0.053) | (0.054) | (0.068) | (0.069) | (0.070) | |
VC | 0.191 | 0.178 | 0.292 ** | 0.268 ** | 0.258 ** |
(0.164) | (0.165) | (0.117) | (0.116) | (0.117) | |
Acade_ratio | 0.785 *** | 0.766 *** | −0.036 | −0.110 | −0.151 |
(0.218) | (0.219) | (0.177) | (0.178) | (0.219) | |
Year | Included | Included | Included | Included | Included |
Industry | Included | Included | Included | Included | Included |
Constant | −0.347 | −0.208 | 2.260 *** | 2.113 *** | 1.819 *** |
(0.457) | (0.466) | (0.476) | (0.504) | (0.568) | |
N | 289 | 289 | 263 | 263 | 263 |
R-squared | 0.4248 | 0.4353 | 0.442 |
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Li, X.; Yang, D.; Zhao, W. Scholars’ Identity Transition and Its Impact on Spin-Offs’ R&D Input. Sustainability 2021, 13, 2358. https://doi.org/10.3390/su13042358
Li X, Yang D, Zhao W. Scholars’ Identity Transition and Its Impact on Spin-Offs’ R&D Input. Sustainability. 2021; 13(4):2358. https://doi.org/10.3390/su13042358
Chicago/Turabian StyleLi, Xiaohua, Daozhou Yang, and Wu Zhao. 2021. "Scholars’ Identity Transition and Its Impact on Spin-Offs’ R&D Input" Sustainability 13, no. 4: 2358. https://doi.org/10.3390/su13042358