Academic Entrepreneurial Intentions and the Creation of University Spin-Off Firms: Critical Review

This paper examines the extent to which academic entrepreneurial intentions influences the creation of University Spin-offs firms from various significant viewpoints. Commercialization and technology transfer of innovations from universities and other research institutions is progressively considered by scholars and policymakers as the key ingredient in the developing and sustaining regional economic growth. It is always argued that; for effective conversion of research findings into new business venture, a close collaboration of the government –university – industry must be active, the connection of individual academic and prevailing university environment forms the requisite solid foundation of academic entrepreneurship. This is resolutely determined by the entrepreneurial intentions of the researcher towards commercializing the final findings to meet a crucial market need on one hand or through a creation of a spin-off firm on the other hand. Finally, this article develops a conceptual framework that explains the relationship between academic entrepreneurial intentions, university context and creation of university spin-offs firms.