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The Impact of Universities’ Entrepreneurial Activity on Perception of Regional Competitiveness

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EAI International Conference on Technology, Innovation, Entrepreneurship and Education (TIE 2017)

Abstract

Within the framework of the entrepreneurial university (EU), this study aims to test its multidimensional domain and therefore to confirm the positive contribution of EU factors to perceived regional competitiveness in Portugal. Data were collected from ten Portuguese public universities (PPUs) through a self-employed questionnaire. First- and second-order confirmatory factor analysis (CFA) were performed through factor and multiple linear regression analyses. The proposed EU construct was confirmed, thus proving the adequacy of scales for the PPUs context. Overall, the main findings show that EU factors—‘internal processes’, ‘entrepreneurial supporting measures’, ‘international collaboration’, and ‘funding strategy’—make a positive contribution to the perception of regional competitiveness. ‘Entrepreneurial supporting measures’ is the EU factor which has the biggest impact on perceived regional competitiveness and ‘organisational design’ is the only EU factor that does not reveal any impact on it. This contribution demonstrates to policy makers that PPUs are not merely cost centres but knowledge spillovers that can have a positive influence on regional competitiveness.

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Acknowledgements

This work was financed by FEDER—Fundo Europeu de Desenvolvimento Regional funds through the COMPETE 2020—Operacional Programme for Competitiveness and Internationalisation (POCI), and by Portuguese funds through FCT—Fundação para a Ciência e a Tecnologia in the framework of the project PTDC/IVC-PEC/5514/2014.

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Correspondence to Gonçalo Rodrigues Brás .

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Appendices

Appendix 1: Scales and Descriptive Statistics

 

Observ.

Minimum

Maximum

Mean

Std. Dev.

Skewness

Ex. kurtosis

Perception-based measure of regional competitiveness

619

1.00

7.00

4.2859

1.2323

−0.126

−0.348

it1—My university encourages professors and students to participate in research projects with practical results for industry or society

619

1.00

7.00

4.5089

1.69937

−0.334

−0.739

it2—My university has strong links with business incubators, science and technology parks, and/or other similar organisations

619

1.00

7.00

4.0630

1.58499

0.045

−0.594

it3—My university is recognised for its link to industry and to society

619

1.00

7.00

4.1648

1.60157

−0.043

−0.583

it4—Many professors of my university conduct research in collaboration with companies, governmental, and non-governmental institutions

619

1.00

7.00

4.5460

1.58749

−0.457

−0.522

It5—The entrepreneurial activity of my HEI improves economic and regional development

619

1.00

7.00

4.1454

1.50561

−0.080

−0.152

Entrepreneurial supporting measures

619

1.00

7.00

3.8644

0.99565

−0.012

0.719

It6—My university establishes clear targets to achieve in the entrepreneurial framework, such as the number of new patents or the number of new spin-offs

619

1.00

7.00

2.9871

1.16440

0.815

2.096

It7—My university regularly controls the compliance of objectives established in the entrepreneurial framework

619

1.00

7.00

3.1244

1.12015

1.146

2.979

It8—My university supports the entrepreneurial activity of their members (students, researchers, professors, and staff) by training, consulting, industrial propriety information, etc.

619

1.00

7.00

3.8611

1.47583

0.047

−0.120

It9—In my university there are support facilities for entrepreneurial activity (e.g. incubators, science and technology parks, support office for entrepreneurship, etc.)

619

1.00

7.00

4.0129

1.58057

0.016

−0.353

It10—My university provides their members (students, researchers, professors, and staff) with access to funding sources to develop entrepreneurial activity (e.g. information about national and international funding programmes, support for applications to funding programmes, organisation of events that improve links between entrepreneurs and potential funders, etc.)

619

1.00

7.00

4.0598

1.41923

0.024

0.102

it11—At my university innovative teaching methods are used (e.g. case studies, experimental classes, games, simulations, etc.)

619

1.00

7.00

4.0662

1.54033

0.041

−0.339

it12—At my university the teaching of entrepreneurship is included in the curricular plans of several courses

619

1.00

7.00

4.1583

1.58190

−0.050

−0.249

it13—My university encourages and supports the participation of their members (students, researchers, professors, and staff) in extracurricular and other activities (e.g. ideas completion, voluntary work, etc.)

619

1.00

7.00

4.5299

1.63507

−0.433

−0.595

It14—My university supports and encourages its members (students, researchers, professors, and staff) to create new businesses (spin-offs and start-ups)

619

1.00

7.00

3.8853

1.31635

−0.048

0.625

International collaboration

619

1.00

7.00

4.6539

1.1359

−0.337

−0.140

It15—My university supports the international mobility of their members (students, researchers, professors, and staff)

619

1.00

7.00

5.1422

1.47662

−0.643

−0.041

It16—My university plays with international institutions to create courses (bachelor, master, and PhD degrees)

619

1.00

7.00

4.8078

1.53604

−0.618

−0.031

it17—The staff (professors and non-professors) of my university come from many different cultures

619

1.00

7.00

3.8562

1.56737

0.217

−0.417

it18—My university links with international institutions to develop research projects

619

1.00

7.00

4.8982

1.49031

−0.572

−0.025

Funding strategy

619

1.00

7.00

4.0984

1.0228

−0.013

1.620

it19—My university gets funding from sources apart from public sector

619

1.00

7.00

3.9968

1.27078

−0.051

0.768

It20—The faculties/departments of my university have autonomy to attract their own funding sources

619

1.00

7.00

4.1502

1.32625

0.048

0.902

it21—The top management of my university plays an active role in obtaining funds and alternative incomes

619

1.00

7.00

3.9806

1.22657

0.021

1.546

Internal processes

619

1.00

7.00

4.3611

1.1109

−0.207

0.185

it22—In my university teamwork and multidisciplinary work are valued

619

1.00

7.00

4.6381

1.56568

−0.470

−0.385

it23—In my university dialogue and the exchange of experiences among all its members (students, researchers, professors, and staff) are stimulated

619

1.00

7.00

4.3473

1.63909

−0.046

−0.722

it24—My university values its members (students, researchers, professors, and staff) that seek alternative and innovative solutions to difficult situations or problems

619

1.00

7.00

4.2876

1.46304

−0.025

−0.211

It25—My university supports the efforts of individuals and teams that work autonomously

619

1.00

7.00

4.2100

1.36217

−0.107

0.334

It26—The top management of my university values research and innovation

619

1.00

7.00

5.1454

1.50130

−0.790

0.306

It27—In my university there is access to information in a clear and transparent way

619

1.00

7.00

4.6446

1.57848

−0.459

−0.419

It28—The members (students, researchers, professors, and staff) of my university who support or develop entrepreneurial activities are recognised and rewarded by the institution

619

1.00

7.00

4.0275

1.30380

−0.095

0.611

It29—My university actively improves and innovates its organisation and the services that it provides

619

1.00

7.00

3.9499

1.43096

−0.015

−0.103

It30—At my university all members (students, researchers, professors, and staff) contribute to the development of the strategy and policies

619

1.00

7.00

3.8530

1.36509

0.064

0.105

Organisational design

619

1.00

7.00

3.5240

0.99597

0.204

0.563

it31—At my university there are few hierarchical levels

619

1.00

7.00

3.9144

1.43379

−0.031

0.015

it32—At my university the power and responsibility of decision-making is decentralised

619

1.00

7.00

3.6769

1.26144

−0.175

0.479

It33—At my university there is not too much bureaucracy

619

1.00

7.00

3.1470

1.28573

0.686

0.710

Appendix 2: HTMT Matrix

 

ESM

FS

IC

IP

OD

PMC

ESM

1

     

FS

0.70286

1

    

IC

0.772794

0.654565

1

   

IP

0.800833

0.598202

0.709308

1

  

OD

0.474189

0.424226

0.299025

0.679753

1

 

PMC

0.83999

0.656239

0.721386

0.721982

0.414782

1

Appendix 3: Goodness-of-fit—Model Fit Summary

1.1 CMIN

Model

NPAR

CMIN

DF

P

CMIN/DF

Default model

74

1,301,681

487

0.000

2673

Saturated model

561

0.000

0

  

Independence model

33

10,368,066

528

0.000

19,636

1.2 RMR, GFI

Model

RMR

GFI

AGFI

PGFI

Default model

0.101

0.885

0.868

0.768

Saturated model

0.000

1000

  

Independence model

0.780

0.183

0.132

0.172

1.3 Baseline Comparisons

Model

NFI delta1

RFI rho1

IFI delta2

TLI rho2

CFI

Default model

0.874

0.864

0.918

0.910

0.917

Saturated model

1000

 

1000

 

1000

Independence model

0.000

0.000

0.000

0.000

0.000

1.4 Parsimony-Adjusted Measures

Model

PRATIO

PNFI

PCFI

Default model

0.922

0.807

0.846

Saturated model

0.000

0.000

0.000

Independence model

1000

0.000

0.000

1.5 NCP

Model

NCP

LO 90

HI 90

Default model

814,681

711,456

925,550

Saturated model

0.000

0.000

0.000

Independence model

9,840,066

9,512,591

10,173,930

1.6 FMIN

Model

FMIN

F0

LO 90

HI 90

Default model

2106

1318

1151

1498

Saturated model

0.000

0.000

0.000

0.000

Independence model

16,777

15,922

15,393

16,463

1.7 RMSEA

Model

RMSEA

LO 90

HI 90

PCLOSE

Default model

0.052

0.049

0.055

0.162

Independence model

0.174

0.171

0.177

0.000

1.8 AIC

Model

AIC

BCC

BIC

CAIC

Default model

1,449,681

1,458,298

1,777,361

1,851,361

Saturated model

1,122,000

1,187,322

3,606,167

4,167,167

Independence model

10,434,066

10,437,908

10,580,193

10,613,193

1.9 ECVI

Model

ECVI

LO 90

HI 90

MECVI

Default model

2346

2179

2525

2360

Saturated model

1816

1816

1816

1921

Independence model

16,884

16,354

17,424

16,890

1.10 HOELTER

Model

HOELTER 0.05

HOELTER 0.01

Default model

257

268

Independence model

35

37

Appendix 4: Heteroscedasticity and Multicollinearity Tests

1.1 White’s Test for Heteroscedasticity

OLS, using observations 1–619

Dependent variable: uhat2

 

Coefficient

Std. error

t-ratio

p-value

Const

0.197056

0.654600

0.3010

0.7635

IP

0.295992

0.357266

0.8285

0.4077

ESM

0.284071

0.345797

0.8215

0.4117

IC

−0.121642

0.291754

−0.4169

0.6769

FS

−0.0865215

0.233605

−0.3704

0.7112

OD

−0.174273

0.257735

−0.6762

0.4992

sq_IP

0.112177

0.0507905

2.209

0.0276**

X2_X3

−0.209953

0.0904929

−2.320

0.0207**

X2_X4

−0.0296214

0.0646530

−0.4582

0.6470

X2_X5

0.0194060

0.0744441

0.2607

0.7944

X2_X6

−0.126261

0.0732829

−1.723

0.0854*

sq_ESM

0.0883296

0.0594812

1.485

0.1381

X3_X4

−0.118673

0.0737006

−1.610

0.1079

X3_X5

0.0418866

0.0733095

0.5714

0.5680

X3_X6

0.0960222

0.0729513

1.316

0.1886

sq_IC

0.118346

0.0400243

2.957

0.0032***

X4_X5

−0.138155

0.0557808

−2.477

0.0135**

X4_X6

0.0859883

0.0564807

1.522

0.1284

sq_FS

0.0746652

0.0386240

1.933

0.0537*

X5_X6

−0.0717139

0.0511498

−1.402

0.1614

sq_OD

0.0304794

0.0406145

0.7505

0.4533

Unadjusted R-squared = 0.070017

Test statistic: TR2 = 43.340796, with p-value = P(Chi-square(20) > 43.340796) = 0.001843

1.2 Variance Inflation Factors

Minimum possible value = 1.0

Values >10.0 may indicate a collinearity problem

IP

2.600

ESM

2.487

IC

1.812

FS

1.539

OD

1.374

VIF(j) = 1/(1 − R(j)2), where R(j) is the multiple correlation coefficient between variable j and the other independent variables

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Brás, G.R. et al. (2020). The Impact of Universities’ Entrepreneurial Activity on Perception of Regional Competitiveness. In: Zheng, P., Callaghan, V., Crawford, D., Kymäläinen, T., Reyes-Munoz, A. (eds) EAI International Conference on Technology, Innovation, Entrepreneurship and Education. TIE 2017. EAI/Springer Innovations in Communication and Computing. Springer, Cham. https://doi.org/10.1007/978-3-030-16130-9_5

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