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Overcoming Weak Entrepreneurial Infrastructures for Academic Spin-Off Ventures

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  • Jean-Jacques Degroof

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  • Edward B. Roberts
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    Abstract

    We discuss the characteristics of academic "spin-off policies" in environments outside of high tech clusters and where technology transfer and entrepreneurship infrastructures have been weak. We explore whether the policies could explain the lack of growth potential of spin-off ventures that have repeatedly observed. We studied the case of Belgium, gathering data from nine of spin-off policies in the eight largest academic institutions and in 47 firms. We propose that spin-off policies in academic institutions significantly affect the growth potential of ventures.

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    Bibliographic Info

    Article provided by Springer in its journal The Journal of Technology Transfer.

    Volume (Year): 29 (2004)
    Issue (Month): 3_4 (08)
    Pages: 327-352

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    Handle: RePEc:kap:jtecht:v:29:y:2004:i:3_4:p:327-352

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    Web page: http://www.springerlink.com/link.asp?id=104998

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    Cited by:
    1. Djordje Djokovic & Vangelis Souitaris, 2008. "Spinouts from academic institutions: a literature review with suggestions for further research," The Journal of Technology Transfer, Springer, vol. 33(3), pages 225-247, June.
    2. Rasmussen, Einar & Borch, Odd Jarl, 2010. "University capabilities in facilitating entrepreneurship: A longitudinal study of spin-off ventures at mid-range universities," Research Policy, Elsevier, vol. 39(5), pages 602-612, June.
    3. Mike Wright & Evila Piva & Simon Mosey & Andy Lockett, 2009. "Academic entrepreneurship and business schools," The Journal of Technology Transfer, Springer, vol. 34(6), pages 560-587, December.
    4. Yusuf, Shahid, 2008. "Intermediating knowledge exchange between universities and businesses," Research Policy, Elsevier, vol. 37(8), pages 1167-1174, September.
    5. Landry, Rejean & Amara, Nabil & Rherrad, Imad, 2006. "Why are some university researchers more likely to create spin-offs than others? Evidence from Canadian universities," Research Policy, Elsevier, vol. 35(10), pages 1599-1615, December.
    6. Grimaldi, Rosa & Kenney, Martin & Siegel, Donald S. & Wright, Mike, 2011. "30 years after Bayh-Dole: Reassessing academic entrepreneurship," Research Policy, Elsevier, vol. 40(8), pages 1045-1057, October.
    7. Elisa Salvador, 2011. "Are science parks and incubators good “brand names” for spin-offs? The case study of Turin," The Journal of Technology Transfer, Springer, vol. 36(2), pages 203-232, April.
    8. Colombo, Massimo G. & Piva, Evila, 2012. "Firms’ genetic characteristics and competence-enlarging strategies: A comparison between academic and non-academic high-tech start-ups," Research Policy, Elsevier, vol. 41(1), pages 79-92.
    9. Rory O’Shea & Harveen Chugh & Thomas Allen, 2008. "Determinants and consequences of university spinoff activity: a conceptual framework," The Journal of Technology Transfer, Springer, vol. 33(6), pages 653-666, December.
    10. Hsu, David H. & Roberts, Edward B. & Eesley, Charles E., 2007. "Entrepreneurs from technology-based universities: Evidence from MIT," Research Policy, Elsevier, vol. 36(5), pages 768-788, June.
    11. O'Shea, Rory P. & Allen, Thomas J. & Chevalier, Arnaud & Roche, Frank, 2005. "Entrepreneurial orientation, technology transfer and spinoff performance of U.S. universities," Research Policy, Elsevier, vol. 34(7), pages 994-1009, September.
    12. Fini, Riccardo & Grimaldi, Rosa & Santoni, Simone & Sobrero, Maurizio, 2011. "Complements or substitutes? The role of universities and local context in supporting the creation of academic spin-offs," Research Policy, Elsevier, vol. 40(8), pages 1113-1127, October.
    13. Claire Champenois, 2007. "Dynamique de constitution de l'industrie allemande des biotechnologies et diversité des modèles d'entreprise," Post-Print hal-00765279, HAL.
    14. Powers, Joshua B. & McDougall, Patricia, 2005. "Policy orientation effects on performance with licensing to start-ups and small companies," Research Policy, Elsevier, vol. 34(7), pages 1028-1042, September.

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