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University Technology Transfer and the Contribution of University Spin-offs in Stimulating the Socio-economic Development of Regions

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  • Luciano D’Amico
  • Danilo Boffa
  • Antonio Prencipe

Abstract

The commercialization and dissemination of knowledge technologies developed in academia have increased the attention of policy makers as strategic components to support regional socio-economic and innovative development. The emerging models of the third and fourth university missions underline the critical function of commercializing the results of academic research, innovation and entrepreneurship for the growth and competitiveness of regional areas. This study aims to investigate, both from a theoretical and empirical point of view, the role of university spin-offs as a contribution to the socio-economic and innovative development of the regions in which they are located. To this end, the contributor analyzes a longitudinal sample of 952 university spin-offs located in 20 Italian administrative regions. The results from the empirical analysis show that the knowledge and technological production of the university spin-out process generate an affective and active role in the regional context, stimulating it innovative capacities and supporting their socio-economic development. Â JEL classification numbers: M21, O30, O32.

Suggested Citation

  • 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.
    • Handle: RePEc:spt:admaec:v:12:y:2022:i:5:f:12_5_2
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    References listed on IDEAS

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    Cited by:

    1. Nuria Toledano & Ana Gessa & Reyes Sanchez-Herrera, 2022. "Rethinking the Resources and Responsibilities of University Spin-Offs: Critical Factors in Times of Global Crisis," Sustainability, MDPI, vol. 14(19), pages 1-18, October.

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    More about this item

    Keywords

    University technology transfer; University spin-offs; Regional economic development; Regional innovation.;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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