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Technological Forecasting & Social Change
journal homepage: www.elsevier.com/locate/techfore
Developing entrepreneurial competences in biotechnology early career
researchers to support long-term entrepreneurial career outcomes
Lorna Treanor
a,
⁎
, Hannah Noke
b
, Susan Marlow
c
, Simon Mosey
d
a
Nottingham University Business School, University of Nottingham, UK
b
University of Nottingham, UK
c
University of Birmingham, UK
d
Director, Haydn Green Institute for Innovation and Entrepreneurship, Nottingham University Business School and Ghent University, Centre for Entrepreneurship Research,
UK
ARTICLE INFO
Keywords:
Entrepreneurship
SET
STEM
Entrepreneurship education
Evaluation
Commercialisation
Biotechnology
careers
ABSTRACT
This paper explores how early career biotechnology researchers develop entrepreneurial competences through
participation in a bespoke entrepreneurship education competition and whether this affects their longer-term
entrepreneurial actions. Specifically, we discuss the pedagogy and evaluate the short- and long-term impact of a
long-running entrepreneurship competition, where biotechnology doctoral and postdoctoral researchers address
societal and environmental challenges through hypothetical new venture creation. We present evidence re-
garding the efficacy of this experiential education, where online mentoring is blended with a team-based re-
sidential competition utilising inspirational speakers, practitioner support and peer learning in encouraging
ECRs to consider commercialising their research. We conclude that long-term entrepreneurial career outcomes
can be fostered through tailored short-term interventions.
1. Introduction
Entrepreneurial activity within academia has become an interna-
tional priority (Wright, 2014; De Silva, 2016) due to the positive impact
upon knowledge-based regional development achieved through the
commercialisation of research results and the provision of highly-edu-
cated, entrepreneurial graduates into regional labour markets
(Bienkowska and Klofsten, 2012). Hence, the demand for universities to
facilitate knowledge exchange is increasing, from both policy and
funding channels (Thune, 2009; Dooley and Kenny, 2015), driving
academic entrepreneurship and closer university-industry ties
(Muscio and Ramaciotti, 2019). European Union policies have, in re-
cent decades, promoted entrepreneurship education within universities
(Brentnall et al., 2018), to foster entrepreneurial attitudes and compe-
tencies amongst faculty and students (Bienkowska et al, 2016); with an
increasing emphasis upon post-graduate researchers (Thune, 2010;
Dooley and Kenny, 2015). To realise the potential contribution to
economic growth (Blenker at al., 2008) and regional development
(Bienkowska and Klofsten, 2012), targeting entrepreneurship education
at post-graduate researchers is apposite given that they undertake the
majority of research in Universities (Enders, 2002; Bienkowska and
Klofsten, 2012) and could be undertaking innovative research with
commercialisation potential (Thune, 2009, 2010; Dooley and
Kenny, 2015).
This entrepreneurial university context requires additional compe-
tencies from post-graduate researchers in order to navigate academe-
industry demands, commercialise research and establish successful
academic careers (Thune, 2009, 2010). However, given that doctoral
students and post-doctoral researchers are unlikely to attain tenured
academic positions, they must nurture the intrapreneurial skillset re-
quired by employers in the labour market (Phillips, 2010). An en-
trepreneurial mindset and competencies are, therefore, required by
both doctoral and post-doctoral researchers for their future careers,
whether in academia, as an entrepreneur or within industry
(Hayter and Parker, 2019).
It is accepted that entrepreneurship education for post-graduate
researchers, particularly in SET (Science, Engineering and Technology)
disciplines, needs to incorporate knowledge and awareness of the
commercialisation process (Rasmussen, 2005; Phillips, 2010).
Dooley and Kenny (2015) found entrepreneurial skills developed during
post-graduate research can influence future entrepreneurial cap-
abilities; while Muscio and Ramaciotti (2019: 21) established that
https://doi.org/10.1016/j.techfore.2020.120031
Received 6 November 2018; Received in revised form 19 December 2019; Accepted 14 March 2020
⁎
Corresponding author at: Haydn Green Institute for Innovation and Entrepreneurship, Nottingham University Business School B35, Business School South Jubilee
Campus, Nottingham, NG8 1BB, UK.
E-mail address: Lorna.Treanor@nottingham.ac.uk (L. Treanor).
Technological Forecasting & Social Change xxx (xxxx) xxxx
0040-1625/ Crown Copyright © 2020 Published by Elsevier Inc. All rights reserved.
Please cite this article as: Lorna Treanor, et al., Technological Forecasting & Social Change, https://doi.org/10.1016/j.techfore.2020.120031