Abstract
We review the literature on entrepreneurial team formation with a focus on data to study academic teams and summarize our empirical work on the life sciences industry. We consider how academics form teams to start new companies and the implications of various configurations on firm behavior with regards to patenting, survival and firm growth. We present several empirical challenges facing research on academic teams and conclude with suggestions for future research.
Highlights
The Covid-19 vaccine provides an example of the way that scientific teams work together to commercialize academic discoveries
The data on life science firms and their founders are drawn from the PLatform for Advancing Community Economies (PLACE): Research Triangle database, which collects information about the Research Triangle region’s entrepreneurial ecosystem from over 30 data sources (Feldman and Lowe, 2015
This paper offers a review of literature on academic co-founding teams with a focus on data approaches
Summary
We review the literature on entrepreneurial team formation with a focus on data to study academic teams and summarize our empirical work on the life sciences industry. We consider how academics form teams to start new companies and the implications of various configurations on firm behavior with regards to patenting, survival and firm growth. We present several empirical challenges facing research on academic teams and conclude with suggestions for future research. Reviewed by: Jennifer Dusdal, University of Luxembourg, Luxembourg Sotaro Shibayama, Lund University, Sweden. Academic Teams and Commercialization in the Life Sciences
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