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How entrepreneurial motivation affects teamwork in Academic spin-offs Team SK-, Kim seminar, Tohoku Univ. Harushi S. Takuya K. Syuya K.

How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

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Page 1: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

How entrepreneurial motivation affects teamwork in Academic spin-offs

Team SK-Ⅱ, Kim seminar, Tohoku Univ.

Harushi S.

Takuya K.

Syuya K.

Page 2: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Have you had any problem

when you working with your teammates

in this hard competition?

Page 3: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Morning style VS Midnight style

Good teamwork is

difficult to achieve !!

Page 4: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Outline

1. INTRODUCTION

2. LITERATURE REVIEW

3. METHODOLOGY

4. FINDING

5. CONCLUSION

Page 5: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Outline

1. INTRODUCTION

2. LITERATURE REVIEW

3. METHODOLOGY

4. FINDING

5. CONCLUSION

Page 6: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Innovation promotes our lives.

Page 7: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Government

Academia

Industry

Page 8: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5
Page 9: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5
Page 10: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Academic spin-off (ASO)

ASO is a new firm created to commercially exploit some

knowledge, technology, or research results in a university.

University spin-offs (also known as university spin-outs)[1][2] transform

technological inventions developed from university research that are likely

to remain unexploited otherwise.[3] As such, university/academic spin-offs

are a subcategory of research spin-offs. Prominent examples of university

spin-offs are Genentech, Crucell, Lycos and Plastic Logic. In most countries,

universities can claim the intellectual property (IP) rights on technologies

ASO has significant power

to promote innovation!!

Page 11: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Outline

1. INTRODUCTION

2. LITERATURE REVIEW

3. METHODOLOGY

4. FINDING

5. IMPLICATION

Page 12: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

ASO is unique

because it derives from University.

Page 13: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

PATENTs FUNDs umanH Resource

Ferri S, Fiorentino R, Parmentola A, Sapio A (2018) Patenting or not? The dilemma of academic spin-off founders.

Grimm HM, Jaenicke J (2012) What drives patenting and commerzialisation activity at East German universities? The role of new public policy, institutional environment and individual prior knowledge

etc….

Hayter CS (2013) Harnessing university entrepreneurship for economic growth: factors of success among university spin-offs

Rasmussen E, Sorheim R (2012) How governments seek to bridge the financing gap for university spin-offs: proof-of-concept, pre-seed, and seed funding

etc….

Page 14: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

a UNIQUE CHARACTERISTICS

Academic x Industry in one team

Team-building process in ASOs

is still unclear(Yamada 2015)

Page 15: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Outline

1. INTRODUCTION

2. LITERATURE REVIEW

3. METHODOLOGY

4. FINDING

5. CONCLUSION

Page 16: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

2nd Interview5 Academic spin-offs

1st Interview2 Venture Capitals

Research Flow

Page 17: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

2nd Interview5 ASOs

1st Interview2 Venture Capitals

Research Flow

020・Company B (VC)

・2020/8/17

・10:00~12:00

・Online

Invester B

020・Company A (VC)

・2020/8/5

・10:00~12:35

・Online

Invester A

Page 18: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

We asked

Venture Capitals

about the Overviewin our university

There is difficulty

in balancing between academia and industry.

Page 19: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

but still…

we cannot figure out

the Internal Processfrom outside.

Page 20: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Let’s explore into real ASOs!!

Page 21: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

2nd Interview5 ASOs

1st Interview2 Venture Capitals

Our Research Flow

020・Company A

・2020/8/3

・15:00~19:00

・Company office

Reseacher P

020・Company C

・2020/8/21

・10:00~11:30

・Company office

Reseacher &

Manager T

020・Company A

・2020/9/18

・13:00~15:00

・Online

Manager R

020・Company B

(Company E)・2020/9/17

・15:00~12:00

・Online

020

Resercher &

Mnager S

(Manager U)

・Company D

・2020/8/26

・10:00~12:00

・Company office

Resercher U

Page 22: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Outline

1. INTRODUCTION

2. LITERATURE REVIEW

3. METHODOLOGY

4. FINDING

5. CONCLUSION

Page 23: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

There are actually

CONFLICTs!!

Page 24: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

.CONFLICTs COLLABORATIONs

Page 25: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Team Work

3rd STEP

Page 26: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

3rd STEP

Team Work

Page 27: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Team Work

3rd STEP

Page 28: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

3rd STEP

Team Work

1st STEP

Page 29: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Team Work

3rd STEP1st STEP

Entrepreneurial

Motivation

the reason of establishing an ASO

Page 30: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Team Work

3rd STEP1st STEP

Entrepreneurial

Motivation

2nd STEP

Page 31: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

3rd STEP

Team WorkEntrepreneurial

Motivation

1st STEP 2nd STEP

Team

Formation

what kind of HRs make up the team

Page 32: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Team Work

2nd STEP

Team

Formation

3rd STEP1st STEP

Entrepreneurial

Motivation

Page 33: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Conflict

Collaboration

Team Work

2nd STEP

Team

Formation

1st STEP

Entrepreneurial

Motivation

Page 34: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Conflict

Collaboration

Team Work

2nd STEP

Team

Formation

1st STEP

Entrepreneurial

Motivation

Page 35: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Conflict

Collaboration

Team Work

2nd STEP

Team

Formation

Entrepreneurial Motivation

Page 36: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Two Types of Motivation

Aggressive motivation

Defensive motivation

MODEL

Page 37: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

‣Proactively seeking business opportunity

Aggressive motivation

‣High-evaluated potential of the core tech

MODEL

Page 38: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Defensive motivation

‣Low-evaluated potential of the core tech

‣In order to protect the canceled research projects

MODEL

Page 39: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Conflict

Collaboration

AggressiveMotivation

DefensiveMotivation

Team WorkEntrepreneurial Motivation

2nd STEP

Team

Formation

Page 40: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Entrepreneurial Motivation

Conflict

Collaboration

AggressiveMotivation

DefensiveMotivation

Team Work

Team

Formation

2nd STEP

Page 41: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Conflict

Collaboration

Team Work

AggressiveMotivation

DefensiveMotivation

Entrepreneurial Motivation Team Formation

Page 42: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Two Types of Formation

Heterogeneous team

Homogeneous team

MODEL

Page 43: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Heterogeneous team

‣ Composed of people both academia and industry:

‣ Selected from people in various companies

MODELMODEL

Page 44: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Homogeneous team

‣Composed of people sharing an academic background

‣Selected from people who have previous relationship

MODEL

Page 45: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Conflict

Collaboration

HeterogeneousTeam

HomogeneousTeam

Team Work

AggressiveMotivation

DefensiveMotivation

Entrepreneurial Motivation Team Formation

Page 46: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Team WorkEntrepreneurial Motivation Team Formation

Conflict

Collaboration

HeterogeneousTeam

HomogeneousTeam

AggressiveMotivation

DefensiveMotivation

Page 47: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Team WorkEntrepreneurial Motivation Team Formation

Conflict

Collaboration

HeterogeneousTeam

HomogeneousTeam

AggressiveMotivation

DefensiveMotivation

Page 48: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

How to Selects the HRsThe motivation The formation

Page 49: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Based on aggressive motivation,

how the HRs are selected?

Page 50: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Various business professionalsjoin the team from industry

in order to ensure the successful business.

MODEL

Page 51: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

DefensiveMotivation

Conflict

CollaborationHomogeneousTeam

Team Work

AggressiveMotivation

Entrepreneurial Motivation Team Formation

HeterogeneousTeam

Page 52: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Based on defensive motivation,

how the HRs are selected?

Page 53: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

MODEL

Originally involved peoplejoin the team from academic field

in order to protect the core tech from abandoned.

Page 54: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Selection based on

rational plan

emotional commitment

Page 55: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Team WorkEntrepreneurial Motivation Team Formation

Conflict

Collaboration

HeterogeneousTeam

HomogeneousTeam

AggressiveMotivation

DefensiveMotivation

Page 56: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Cognitive GapThe formation The teamwork

Page 57: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

How Heterogeneous Team

ended up in Conflict?

Page 58: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

MODEL

Wide Gap of Priority in business.

Minimizing risk & Maximizing profitvs

Achieving Scientific Goal

Manager Researcher

Page 59: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

MODEL

When other company have the producing know-how

that they don’t have,

outsourcing is…?

Page 60: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

MODEL

Great RISK of loosing the company’s superiority, stability, and profits,

so we should develop by ourselveseven if it takes a lots of time and cost.

In terms of business

Page 61: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

The Quickest way of making the findings into products,

so we should ask others to producewithout the waste of resource.

MODEL

In terms of academic science

Page 62: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Such cognitive gap make the team less united,

and make the researcher feel discouraged.

MODEL

Page 63: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Finally, the researcher quit the further help for R&D

that is essential for business.

MODEL

Page 64: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Entrepreneurial Motivation

CollaborationHomogeneousTeam

AggressiveMotivation

DefensiveMotivation

Team WorkTeam Formation

ConflictHeterogeneousTeam

Page 65: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

How Homogeneous Team

achieve Collaboration?

Page 66: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Common understanding to the core tech

and previous Relationships of mutual trust

make the cognitive gap small enough to solve easily.

MODEL

Page 67: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Emotional

commitment to the core tech itself

is the strong driving force

to overcome every challenge.

Page 68: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Cognitive Gap is

so wide to break up the team

narrow enough to fill up

Page 69: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Conflict

Collaboration

HeterogeneousTeam

HomogeneousTeam

Team Work

AggressiveMotivation

DefensiveMotivation

Entrepreneurial Motivation Team Formation

Page 70: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Outline

1. INTRODUCTION

2. LITERATURE REVIEW

3. METHODOLOGY

4. FINDING

5. CONCLUSSION

Page 71: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Team WorkEntrepreneurial Motivation Team Formation

CollaborationHomogeneousTeam

DefensiveMotivation

ConflictHeterogeneousTeam

AggressiveMotivation

We clarify the Internal Processin team-building of ASOs.

Page 72: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

ConflictHeterogeneousTeam

AggressiveMotivation

CollaborationHomogeneousTeam

Team Work

DefensiveMotivation

Entrepreneurial Motivation Team Formation

Importance of differential motivation

has not been recognized.

Page 73: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

CollaborationHomogeneousTeam

DefensiveMotivation

ConflictHeterogeneousTeam

Team Work

AggressiveMotivation

Entrepreneurial Motivation Team Formation

Di: Teammates assembled for efficient business

but ended up in inefficient teamwork.

Page 74: How entrepreneurial motivation affects teamwork in …...4. FINDING 5. CONCLUSION 2nd Interview 5 Academic spin-offs 1st Interview 2 Venture Capitals Research Flow 2nd Interview 5

Thank You!