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The Regional Effect on the Innovative Performance of University Spin-Offs: a Multilevel Approach

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  • María Jesús Rodríguez-Gulías

    (University of Vigo, Campus Universitario As Lagoas s/n)

  • David Rodeiro-Pazos

    (University of Santiago de Compostela)

  • Sara Fernández-López

    (University of Santiago de Compostela)

Abstract

Creation of university spin-offs has become one of the most supported ways for the university to accomplish the objective of knowledge transfer to the society. Since university spin-offs (USOs) are firms created to commercialize knowledge or technology developed by academic research, a key source of the potential contribution of USOs to knowledge economy lies in their innovation ability. External factors, like knowledge spillovers, might influence USOs’ innovation. This study tests the hypothesis that the regional context may partly determine the innovative performance of USOs. By applying an “interactionist approach,” we estimate a two-level logistic random intercept model for a sample of 167 USOs located in ten Spanish regions. Our results confirmed that firm-specific characteristics are important for explaining the innovative performance of USOs but show that regional context matters too.

Suggested Citation

  • María Jesús Rodríguez-Gulías & David Rodeiro-Pazos & Sara Fernández-López, 2016. "The Regional Effect on the Innovative Performance of University Spin-Offs: a Multilevel Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 7(4), pages 869-889, December.
    • Handle: RePEc:spr:jknowl:v:7:y:2016:i:4:d:10.1007_s13132-015-0287-y
    DOI: 10.1007/s13132-015-0287-y
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    Cited by:

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    2. María Jesús Rodríguez-Gulías & David Rodeiro-Pazos & Sara Fernández-López & Christian Corsi & Antonio Prencipe, 2018. "The role of venture capitalist to enhance the growth of Spanish and Italian university spin-offs," International Entrepreneurship and Management Journal, Springer, vol. 14(4), pages 1111-1130, December.
    3. Rodríguez-Gulías, María Jesús & Fernández-López, Sara & Rodeiro-Pazos, David, 2020. "Innovation in cultural and creative industries firms with an academic origin (CCI-USOs): The role of regional context," Technovation, Elsevier, vol. 92.
    4. Danilo Boffa & Antonio Prencipe, 2021. "The Emerging Contextual Effect of University Spin-offs and its Role in Spurring Innovation in Regional Area," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 11(6), pages 1-3.
    5. Luciano D’Amico & Danilo Boffa & Antonio Prencipe, 2022. "University Technology Transfer and the Contribution of University Spin-offs in Stimulating the Socio-economic Development of Regions," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 12(5), pages 1-2.
    6. Oleh Chornyi, 2020. "Economic Knowledge Optimization In Ukrainian Agrarian Universities: A Knowledge Management Perspective," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 5(1), pages 86-96, March.
    7. Svetlana Panikarova & Maxim Vlasov & Ivan Boyko, 2017. "Assessing Research Productivity in University Environment: Institutional Approach," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 16(02), pages 1-12, June.
    8. Guckenbiehl, Peter & Corral de Zubielqui, Graciela & Lindsay, Noel, 2021. "Knowledge and innovation in start-up ventures: A systematic literature review and research agenda," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    9. Prencipe, Antonio & Corsi, Christian & Rodríguez-Gulías, María Jesús & Fernández-López, Sara & Rodeiro-Pazos, David, 2020. "Influence of the regional entrepreneurial ecosystem and its knowledge spillovers in developing successful university spin-offs," Socio-Economic Planning Sciences, Elsevier, vol. 72(C).

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