Business Intelligence

The Internationalization Of Science And Its Influence On Academic Entrepreneurship

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Executive Summary

The authors conjecture that the mobility of academic scientists increases the propensity of such agents to engage in academic entrepreneurship. The empirical analysis is based on a survey of researchers at the Max Planck Society in Germany. They find that mobile scientists are more likely to become nascent entrepreneurs. Thus, it appears that citizenship and foreign-education are important determinants of the early stages of academic entrepreneurship. Technological entrepreneurship is regarded to be an important driver of economic development (Schumpeter, 1934). Scientific research results in innovation, which leads to new and improved products and production processes. In recent years, scholars have analyzed scientists who have an entrepreneurial orientation.

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