Journal article Open Access

Mutual Benefits from Entrepreneurship of Non-business University Graduates for Academia and Founders

Markl, Erich; Lackner, Maximilian; Schmid, Judith; Faast, Thomas


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        <foaf:name>Markl, Erich</foaf:name>
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        <foaf:name>Lackner, Maximilian</foaf:name>
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        <foaf:name>Schmid, Judith</foaf:name>
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        <foaf:name>Faast, Thomas</foaf:name>
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    <dct:title>Mutual Benefits from Entrepreneurship of Non-business University Graduates for Academia and Founders</dct:title>
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    <dct:issued rdf:datatype="http://www.w3.org/2001/XMLSchema#gYear">2019</dct:issued>
    <dcat:keyword>Entrepreneurship</dcat:keyword>
    <dcat:keyword>Incubator</dcat:keyword>
    <dcat:keyword>Startup business</dcat:keyword>
    <dcat:keyword>Upstart business</dcat:keyword>
    <dcat:keyword>non-business graduates as entrepreneurs</dcat:keyword>
    <dcat:keyword>support</dcat:keyword>
    <dcat:keyword>management innovation</dcat:keyword>
    <dcat:keyword>portfolio management</dcat:keyword>
    <dcat:keyword>narrow band IoT</dcat:keyword>
    <dcat:keyword>academic entrepreneurial behavior</dcat:keyword>
    <dcat:keyword>tech entrepreneur</dcat:keyword>
    <dct:issued rdf:datatype="http://www.w3.org/2001/XMLSchema#date">2019-11-02</dct:issued>
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    <dct:description>&lt;p&gt;There is a trend among universities to teach entrepreneurship and support startup initiatives. In this article, the state-ofthe-&lt;br&gt; art in entrepreneurship higher education and university ecosystems of non-business schools is reviewed, and the example&lt;br&gt; of the University of Applied Sciences Technikum Wien, Austria, and one of its startup show cases, Toolsense, is elaborated&lt;br&gt; to understand critical success factors for non-business graduates as founders. The mutual benefits for universities&lt;br&gt; and founders are discussed. In the case of Toolsense and the University of Applied Sciences, narrow band IoT as brought&lt;br&gt; to the University by the startup. Implications on a universities&amp;rsquo; innovation and portfolio management are highlighted. Concerning&lt;br&gt; startups, the importance of growth financing after initial success is elaborated.&lt;/p&gt;</dct:description>
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