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A Proposal for a Standard With Innovation Management System

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Christos Apostolakis, José Carlos Rodríguez and Mario Gómez<br />

Table 4: The resource-based view and entrepreneurial innovation at Canadian Universities<br />

Attributes of Resource-based<br />

View Approach Applied in the<br />

University sector<br />

Canadian Universities<br />

PURPOSE OF<br />

IMPLEMENTATION<br />

Unit of analysis Resources and capabilities Heavy investment on entrepreneurial<br />

activities<br />

Analysis <strong>for</strong> innovation Specific resources that are used Heavy investment on items of<br />

innovation such as patents, licences,<br />

etc<br />

Criterion <strong>for</strong> innovation Observe the creation of value Increasing evidence of innovative<br />

schemes on entrepreneurship that<br />

affects primarily the teaching of the<br />

subject area<br />

BENEFITS OF<br />

IMPLEMENTATION<br />

Desired effect on the<br />

Development of technology and Evidently both in educational and co-<br />

organisation<br />

knowledge transfer<br />

curricular activities<br />

Impact on management Strategic decision<br />

University governance reflects on<br />

entrepreneurial innovation culture<br />

Risks Loss of critical skills and<br />

capabilities<br />

Nothing that does warrant lack of risk<br />

Competitive advantage Achievement Yes to the extent that promotes a new<br />

phase <strong>for</strong> entrepreneurship<br />

7. Conclusions<br />

It seems that there is enough evidence even within the remit of this initial paper to argue that<br />

Canadian universities are aspired to and attempt quite significantly to promote entrepreneurial<br />

innovation. This could be argued that comes up the following steps (by utilising the VRIO framework):<br />

� Organisational resources are considerably used in promoting entrepreneurial innovation both at a<br />

nationwide university level like with the case of licensing or specifically at the example of the<br />

business school in the eastern part of Canada;<br />

� These resources can be considered as rare because they reflect on a considerable generation of<br />

ef<strong>for</strong>ts both at national and local level, which gives capacity <strong>for</strong> establishing a unique identity not<br />

commonly shared by other organisations;<br />

� Each university seems to be different there<strong>for</strong>e there is uniqueness in creation of conditions that<br />

promote entrepreneurial innovation. This makes their resources imperfectly imitable by competitor<br />

organisations;<br />

� All the elements above make each university an independent case that fits within the context of<br />

an increasing trend in promoting entrepreneurial innovation.<br />

The last point to be made <strong>for</strong> this paper is a promise: that the topic is so rich in research terms and<br />

policy consequences so a second paper will follow shortly.<br />

Acknowledgements<br />

Authors acknowledge ECIE-2012 anonymous referees <strong>for</strong> their comments and suggestions. Professor<br />

José Carlos Rodríguez is very grateful to Professor Benoît Godin and the Centre – Urbanisation<br />

Culture Société <strong>for</strong> receiving him as visiting researcher at the INRS. Financial support from the<br />

National Council <strong>for</strong> Science and Technology (Consejo Nacional de Ciencia y Tecnología,<br />

CONACYT) of Mexico is gratefully acknowledged. The usual disclaimers apply.<br />

References<br />

Agarwal, R., Audretsch, D. and Sarkar, M.B. (2007) “The Process of creative construction: knowledge spillovers,<br />

entrepreneurship and economic growth”, Strategic Entrepreneurship Journal Vol.1, Issue 3-4: 263–286.<br />

Akio, T. (2005) “The Critical Assessment of the Resource-Based View of Strategic <strong>Management</strong>: The Source of<br />

Heterogeneity of the Firm”, Ritsumeikan International Affairs, Vol. 3, pp. 125-150.<br />

Alvarez, S.A. and Busenitz, L.W. (2008) “The entrepreneurship of resource-based theory”, Journal of<br />

<strong>Management</strong>, Vol. 27, pp. 755-775.<br />

Aldrich, H.E. and Yang, T. (2012) “Lost in translation: Cultural codes are not blueprints”, Strategic<br />

Entrepreneurship Journal, Vol. 6, No.1, pp. 1-17.<br />

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