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Title: Do patented inventions represent entrepreneurial opportunities?
Author: O'Connor, Marie
Awarding Body: Queen's University Belfast
Current Institution: Queen's University Belfast
Date of Award: 2017
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The central question in this thesis is whether patented inventions represent entrepreneurial opportunities. Entrepreneurial opportunities represent the entrepreneurial process whereby an opportunity is identified, evaluated and exploited. The influence of individual characteristics, organisational context and the wider institutional environment on the extent of opportunity identification, evaluation and exploitation is examined. This study is, to the best of our knowledge, the first of its kind to explore the three stages simultaneously white also encompassing the role of the individual, organisation and institutional environment at each stage. The analysis is based on a primary dataset comprised of 350 inventor survey responses. The individuals surveyed include corporate, public sector (including academic) and independent inventors. The analysis employs a range of regression techniques to establish the impact of individual, organisational and institutional elements al each stage of the entrepreneurial process. The extent of opportunity identification, measured by the inventor's number of patent applications, primarily reflects differences at the level of the individual. Organisational context plays a more limited rote here. However, the role of the individual is less prominent at the .evaluation stage of the entrepreneurial process; contextual factors are more important here. This highlights the role for policy makers in shaping the evaluation of entrepreneurial opportunities which are a precursor to exploitation, as the results show. The fate of each patent is explored subsequently. Whether or not a patent is exploited primarily reflects the organisational context in which the inventor Is embedded, the impact of financial constraints and sources of finance. The mode of exploitation, however, reflects differences according to inventor characteristics, organisational context and the wider institutional environment. The empirical findings suggest a role for policy makers to revisit supports available to inventors to promote both entrepreneurship and innovation.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available