Application of stakeholder analysis in university-owned special purpose vehicles

Purpose: The key driver to discussing this topic is the research gap in the field of management of SPVs in the ecosystem of innovation and adds the possibility of applying stakeholder theory as a tool supporting their management. Design/methodology/approach: The aim of the article is to indicate the theoretical basis for the application of stakeholder theory as a tool supporting the management of SPVs. The article is based on a review of domestic and foreign literature and analyses the content of reports presenting Polish experiences regarding the performance of university-owned SPVs. Findings: Due to the specific conditions of functioning of SPVs, stakeholder analysis seems to be a useful tool in identifying the expectations of particular interest groups, and subsequently in undertaking actions aimed at effective management of their activities and creating value for the key stakeholders of SPVs. As a result, it may contribute to the increased effectiveness of companies and to more effective use of innovative potential through closer cooperation between science and business in the region. Research limitations/implications: Further research can focus on answers to the question: Are the managers of university-owned SPVs aware of the expectations of their key stakeholders? Practical implications: Stakeholder analysis may be an essential aid for the managers of SPVs in shaping their relations with the environment and building added value for key stakeholders. Originality/value: The article fills a research gap in the field of management of SPVs in the ecosystem of innovation and adds the possibility of applying stakeholder theory as a tool supporting their management.