The Role of University Spinout Companies in an Emerging Technology: The Case of Nanotechnology
AbstractThis 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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Bibliographic InfoArticle provided by Springer in its journal The Journal of Technology Transfer.
Volume (Year): 31 (2006)
Issue (Month): 4 (07)
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Web page: http://www.springerlink.com/link.asp?id=104998
University technology commercialization; Nanotechnology; University Spinout (USO); technological change; O31; O34;
Find related papers by JEL classification:
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
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- 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.
- repec:hal:wpaper:hal-00756228 is not listed on IDEAS
- 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).
- 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.
- James Cunningham & Paul O'reilly & Conor O'kane & Vincent Mangematin, 2012. "The inhibiting factors that principal investigators experience in leading publicly funded research projects," Working paper serie RMT - Grenoble Ecole de Management hal-00756228, HAL.
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