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Universities, local partnerships and the promotion of youth entrepreneurship

Abstract

Youth entrepreneurship has gained prominence in recent years, but there are few studies which investigate the characteristics of companies created by students in the university environment (also known as “student spin-off companies”) or the “ecosystem” in which these companies are incubated and “hatched”. In parallel, there is a call for more research investigating the role universities play in the local development of these companies. In practice, there is an increasing demand for universities to interact with and engage in the local context beyond their institutional “walls”. Therefore, the purpose of this article is to understand how universities bring together local partners in support of young entrepreneurs. To this end, the authors conducted a multiple case study which identified the processes, characteristics and actors involved in the formation of these networks. As a theoretical contribution to the development of local entrepreneurship, this article analyses student spin-off companies incubated in universities – a type of business as well as a context still little explored in the literature. On a practical level, it offers insights into potential strategies for improving policies to support youth and student entrepreneurship.

Résumé

Universités, partenariats locaux et promotion des jeunes entrepreneurs – Les jeunes entrepreneurs ont gagné en notoriété ces dernières années, mais rares sont les études qui examinent les particularités des sociétés créées par des étudiants en milieu universitaire (appelées également entreprises dérivées, créées par essaimage ou issues du progrès technologique), ou encore « l’écosystème » dans lequel elles sont incubées et amenées « à éclosion » . Il existe parallèlement une demande d’études supplémentaires sur le rôle des universités dans le développement local de ces entreprises. Dans la pratique se fait sentir la demande croissante d’une interaction et d’un engagement de la part des universités dans le contexte local au-delà de leurs « murs » institutionnels. Cet article poursuit par conséquent l’objectif de cerner la manière dont les universités rassemblent des partenaires locaux pour soutenir les jeunes entrepreneurs. Les auteurs ont mené dans ce but une étude de cas multiples qui a identifié les processus, les caractéristiques et les auteurs impliqués dans l’apparition de ces réseaux. À titre de contribution théorique au développement de l’entrepreneuriat local, ils analysent des entreprises créées par des étudiants et incubées en milieu universitaire – type d’activité et contexte encore peu étudiés. À un niveau pratique, ils fournissent des renseignements sur les stratégies pouvant améliorer les politiques de soutien aux jeunes entrepreneurs.

Resumen

Universidades, socios locales y la promoción de el emprendedurismo joven – El emprededurismo joven ha ganado protagonismo en los últimos años, pero existen pocos estudios que investiguen las características de las empresas creadas por los estudiantes en el ámbito universitario (también conocidas como empresas spin-off de estudiantes) o el “ecosistema” en el que estas empresas se incuban y “eclosionan”. Paralelamente, se hace un llamamiento a más investigación sobre el papel que juegan las universidades en el desarrollo local de estas empresas. En la práctica, existe una creciente demanda para que las universidades actúen y participen en el contexto local más allá de sus “muros” institucionales. Por lo tanto, el propósito de este artículo es entender cómo las universidades reúnen a los socios locales en apoyo a los jóvenes empresarios. Para tanto, los autores realizaron un estudio de casos múltiples que identificó los procesos, características y actores participantes en la formación de estas redes. Como contribución teórica al desarrollo del emprendedurismo local, este artículo analiza las empresas spin-off estudiantiles incubadas en las universidades – un tipo de negocio y un contexto todavía poco explorado en la literatura. En el plano práctico, ofrece una visión de las posibles estrategias para mejorar las políticas de apoyo a la iniciativa empresarial de los jóvenes y estudiantes.

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Notes

  1. 1.

    First mentioned in the report of the International Commission on the Development of Education to UNESCO (Faure et al. 1972), the concept of a “learning society offers many and varied opportunities for learning, both at school and in economic, social and cultural life … In order to build a learning society and make lifelong learning a reality, it is important to embrace and connect all learning stages, types and places” (Osborne et al. 2013, p. 410).

  2. 2.

    “The notion of a learning city can be traced back to ancient Greece some 2,500 years ago, although it was not labelled as such until the late 20th century. The modern concept of a learning city/region originated from that of a ‘learning society’” (Osborne et al. 2013, p. 509).

  3. 3.

    The two universities involved in the study were the Universidade Federal de Sergipe (UFS) and the Universidade Tiradentes (UNIT).

  4. 4.

    Technology or sience parks are “property-based organizations with identifiable administrative centers focused on the mission of business acceleration through knowledge agglomeration and resource sharing” (Phan et al. 2005).

  5. 5.

    NVivo is a software programme used to analyse qualitative data.

  6. 6.

    Equivalent to EUR 8.8 billion (November 2016).

  7. 7.

    AmBev stands for Companhia de Bebidas das Américas [America’s Beverage Company], a Brazilian brewing company. CHESF stands for Companhia Hidrelétrica do São Francisco [São Francisco’s Hydroelectric Company], a company partly owned by the government, which pioneered the building and operation of a large hydroelectric complex in the Northeast Region of Brazil.

  8. 8.

    All quotations in this article have been taken from the recorded and transcribed interviews; participants spoke in Portuguese, but the respondents’ statements were translated into English by the authors for the purposes of this article.

  9. 9.

    For more information about the Junior Achievement Young Enterprise student mini-company (SMC) programme and the updated Annual Report, see http://www.jaeurope.org//annual-report-2016 [accessed 4 September 2017].

  10. 10.

    SEBRAE is a nationwide organisation focused on reducing the bureaucracy pertaining to the formalisation of micro and small businesses and promoting their entrepreneurial activities, through partnership programmes between public and private sector organisations, including universities. For more information, see http://www.sebrae.com.br [accessed 4 September 2017].

  11. 11.

    CNPq stands for Conselho Nacional de Desenvolvimento Científico e Tecnológico [National Council for Scientific and Technological Development]. FINEP stands for Financiadora de Estudos e Projetos [Funding Authority for Studies and Projects].

  12. 12.

    FAPITEC stands for Fundação de Apoio à Pesquisa e à Inovação Tecnológica do Estado de Sergipe [State of Sergipe’s Foundation for Research and Technological Innovation Support].

  13. 13.

    Equivalent to EUR 136,000 (November 2016).

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Bezerra, É.D., Borges, C. & Andreassi, T. Universities, local partnerships and the promotion of youth entrepreneurship. Int Rev Educ 63, 703–724 (2017). https://doi.org/10.1007/s11159-017-9665-y

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Keywords

  • University
  • Youth
  • Entrepreneurship – Business incubator
  • Local development
  • Student spin-off companies