Entrepreneurial orientation in academia

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Entrepreneurial firms and new venture creation are crucial for economic growth, prompting a focus on how to effectively stimulate and support new business initiatives. This dialogue includes academic institutions like universities, particularly in Germany, where recent changes to the Employee Invention Act require researchers to report inventions to their sponsoring universities. This shift has made inventions and patents valuable economic assets for universities, leading administrators to seek ways to enhance the creative and entrepreneurial orientation of researchers and research teams. The current discourse in Germany has its roots in the US, where the Bayh-Dole Act of 1980 initiated a significant change in property allocation, akin to the recent changes in Germany. The tradition of entrepreneurial activities within research organizations is well-established in the US, offering valuable lessons for the evolving German system. This context has motivated Jan Boehm to explore the landscape of entrepreneurial orientation in academia, with a particular focus on developments in the US.