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Survival Drivers Of Post-Incubated Start-Ups: The Effect Of Academic Governance

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  • SIMONE SCAGNELLI

    (Edith Cowan University, School of Business and Law, 270 Joondalup Dr, Joondalup WA 6027, Australia)

  • LORENZO VASILE

    (#x2020;Università degli Studi di Torino Dipartimento di Management, Corso Unione Sovietica 218-bis, 10134 Torino, Italia)

  • MICO APOSTOLOV

    (#x2020;Università degli Studi di Torino Dipartimento di Management, Corso Unione Sovietica 218-bis, 10134 Torino, Italia‡UGD Krste Misirkov b.b. P.O. Box 201 2000 Stip, Macedonia)

Abstract

Incubators, spin-offs, industrial networks and consortiums are some of the examples to build-up university–industry links in fostering innovation. University incubators are well known for supporting the growth of start-ups by providing knowledge and research, as well as, sustaining entrepreneurship by the direct involvement of their faculty. In this regard, the aim of this paper is to examine the influence of faculty members on the financial performance of a sample of new technology based firms which have been previously incubated by different Italian University Incubators. Essentially, the results on the presence of academic governance in relation to the financial performance of the firm describe a certain dip, even when controlling for other variables such as the industry and the number of registered patents.

Suggested Citation

  • Simone Scagnelli & Lorenzo Vasile & Mico Apostolov, 2019. "Survival Drivers Of Post-Incubated Start-Ups: The Effect Of Academic Governance," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(07), pages 1-20, October.
    • Handle: RePEc:wsi:ijimxx:v:23:y:2019:i:07:n:s1363919619500622
    DOI: 10.1142/S1363919619500622
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    2. 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).
    3. F. I. Vega-Gómez & F. J. Miranda González & J. Pérez-Mayo, 2020. "Analyzing the Effects of Institutional- and Ecosystem-Level Variables on University Spin-Off Performance," SAGE Open, , vol. 10(2), pages 21582440209, June.
    4. Tomohiro Sakai & Mototsugu Fukushige, 2021. "Formal and informal support and the performance of new start-ups: a quantile regression analysis," SN Business & Economics, Springer, vol. 1(9), pages 1-21, September.
    5. Marcel Rolf Pfeifer, 2022. "Human Resources in Start-Ups: Expert Interviews with Managers on the Transition of Start-Ups from Academic to Private," Merits, MDPI, vol. 2(2), pages 1-20, May.

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