January 22, 2021

BY Lonni Klitgaard

New research shows that embarking on an entrepreneurial journey and creating a research-based venture will benefit academic’s research by adding new perspectives to existing research, as the entrepreneurial researcher becomes acquainted with new fields of research that positively affect existing research.

This will in turn lead to more novel and impactful research . Thus, it is hereby substantiated by research that research-based entrepreneurship creates value for the individual researcher as well as for society.

“Our study is novel in that it identifies a shift of attention as the mechanism underpinning the beneficial spill-over effects from founding a venture on the production of public science. A key implication of our study is that commercial work by academics can drive fundamental advances in science.”

Read the entire study, which has followed 10,000 researchers from Imperial College for a fifteen-year period, via link below.