Assessing Technology-based Spin-offs from University Support Units
AbstractThis paper takes a regional studies approach to assess the efficiency of technology-based spin-offs that benefited from financial and infrastructure aid. It does so by following the objectives of institutions for regional support and provides evidence on spin-offs created within the special case of a technology transfer network placed at Catalan universities. We contribute to the literature in at least two ways. First, we detect and conceptualise the specific regional objectives and the associated inputs and outputs needed to assess firms created at university-based support units. Second, an application provides empirical insights into regional mechanisms for firm creation. Results indicate that many efficient spin-offs have formal technology transfer agreements and emerge from universities with more technological background. Second stage analyses show that higher levels of innovation and specific academic knowledge or experience related with the university of origin are associated with higher efficiency.Concluding remarks focus on regional policy making and future research directions.
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Bibliographic InfoPaper provided by Barcelona Graduate School of Economics in its series Working Papers with number 650.
Date of creation: Jul 2012
Date of revision:
university spin-off; regional development; efficiency; entrepreneurship; technology transfer; innovation;
Other versions of this item:
- Mircea Epure & Diego Prior & Christian Serarols, 2011. "Assessing technology-based spin-offs from university support units," Economics Working Papers 1330, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2013.
- M1 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration
- R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-23 (All new papers)
- NEP-CSE-2012-07-23 (Economics of Strategic Management)
- NEP-EDU-2012-07-23 (Education)
- NEP-ENT-2012-07-23 (Entrepreneurship)
- NEP-INO-2012-07-23 (Innovation)
- NEP-IPR-2012-07-23 (Intellectual Property Rights)
- NEP-KNM-2012-07-23 (Knowledge Management & Knowledge Economy)
- NEP-SBM-2012-07-23 (Small Business Management)
- NEP-URE-2012-07-23 (Urban & Real Estate Economics)
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