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The Role of University Spinout Companies in an Emerging Technology: The Case of Nanotechnology

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Author Info

  • Dirk Libaers
  • Martin Meyer
  • Aldo Geuna

    ()

Abstract

This study examines the role of university spin-out (USO) companies in the emergence of a new technology, in our case nanotechnology. Three unique data-sets based on patents, co-publications, and firm data pertaining to the unfolding field of nanotechnology in the UK were developed. Subsequent analysis suggests that USOs play an important though not a dominant role. Furthermore, the results indicate that USOs in certain subfields of nanotechnology do not have a strong and growing proprietary technology base, raising questions about the commercial sustainability of these ventures. Overall, we observed that USOs are important contributors to technological change in specific subfields of nanotechnology, but that other actors, notably, large firms and (non-university affiliated) new technology-based firms are even more significant agents of technological change. Copyright Springer Science+Business Media, LLC 2006

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File URL: http://hdl.handle.net/10.1007/s10961-006-0005-9
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Bibliographic Info

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

Volume (Year): 31 (2006)
Issue (Month): 4 (07)
Pages: 443-450

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Handle: RePEc:kap:jtecht:v:31:y:2006:i:4:p:443-450

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

Related research

Keywords: University technology commercialization; Nanotechnology; University Spinout (USO); technological change; O31; O34;

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Cited by:
  1. James Cunningham & Paul O’Reilly & Conor O’Kane & Vincent Mangematin, 2014. "The inhibiting factors that principal investigators experience in leading publicly funded research," The Journal of Technology Transfer, Springer, vol. 39(1), pages 93-110, February.
  2. So Sohn & Mooyeob Lee, 2012. "Conjoint analysis of R&D contract agreements for industry-funded university research," The Journal of Technology Transfer, Springer, vol. 37(4), pages 532-549, August.
  3. repec:hal:wpaper:hal-00756228 is not listed on IDEAS
  4. Can Huang & Ad Notten & Nico Rasters, 2011. "Nanoscience and technology publications and patents: a review of social science studies and search strategies," The Journal of Technology Transfer, Springer, vol. 36(2), pages 145-172, April.
  5. Christopher Palmberg, 2008. "The transfer and commercialisation of nanotechnology: a comparative analysis of university and company researchers," The Journal of Technology Transfer, Springer, vol. 33(6), pages 631-652, December.
  6. repec:hal:gemwpa:hal-00756228 is not listed on IDEAS
  7. James Cunningham & Paul O'reilly & Conor O'kane & Vincent Mangematin, 2014. "The inhibiting factors that principal investigators experience in leading publicly funded research projects," Grenoble Ecole de Management (Post-Print) hal-00756228, HAL.
  8. Mario Coccia & Ugo Finardi & Diego Margon, 2010. "Research trends in nanotechnology studies across geo-economic areas," CERIS Working Paper 201005, Institute for Economic Research on Firms and Growth - Moncalieri (TO).

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