Title: Technology-based companies from the academy: the case of agronomy in Mexico

Authors: Jimena Achiquen-Millán; Vinicio Horacio Santoyo-Cortés; Enrique Genaro Martínez-González; Manrrubio Muñoz-Rodríguez

Addresses: Centro de Investigaciones Económicas Sociales y Tecnológicas de la Agroindustria y la Agricultura Mundial (CIESTAAM), Universidad Autónoma Chapingo, Km 38.5 Carretera México–Texcoco, CP 56230. Chapingo, México ' Centro de Investigaciones Económicas Sociales y Tecnológicas de la Agroindustria y la Agricultura Mundial (CIESTAAM), Universidad Autónoma Chapingo, Km 38.5 Carretera México–Texcoco, CP 56230. Chapingo, México ' Centro de Investigaciones Económicas Sociales y Tecnológicas de la Agroindustria y la Agricultura Mundial (CIESTAAM), Universidad Autónoma Chapingo, Km 38.5 Carretera México–Texcoco, CP 56230. Chapingo, México ' Centro de Investigaciones Económicas Sociales y Tecnológicas de la Agroindustria y la Agricultura Mundial (CIESTAAM), Universidad Autónoma Chapingo, Km 38.5 Carretera México–Texcoco, CP 56230. Chapingo, México

Abstract: Studies on technology-based entrepreneurship in developing countries are relevant considering that in these contexts companies face greater risks due to inadequate institutional frameworks. The objective of this research was to analyse the process of creation of ventures based on technological developments associated with agricultural universities in Mexico. The exploratory work was carried out through a study of multiple cases. The results suggest that the creation of these companies is not supported by institutional policy based on incentives but is driven by the individual initiative of the researcher from professional networks generated by academic practice. In conclusion, the externalities of academic activities together with an entrepreneurial profile allowed researchers to use their technological developments to obtain financing, take advantage of market opportunities, and create value through ventures.

Keywords: academic entrepreneurship; technology transfer; entrepreneurial universities; entrepreneurship trajectories; academic spin-offs; creation of technology-based companies.

DOI: 10.1504/IJEV.2023.131661

International Journal of Entrepreneurial Venturing, 2023 Vol.15 No.3, pp.273 - 294

Received: 31 Dec 2021
Accepted: 14 Jun 2022
Published online: 22 Jun 2023 *

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