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Spinning-off New Ventures from Academic Institutions in Areas with Weak Entrepreneurial Infrastructure: Insights on the Impact of Spin-off Processes on the Growth-orientation of Ventures

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  • DEGROOF, JEAN-JACQUES
  • ROBERTS, EDWARD B.

Abstract

We discuss the characteristics of academic "spin-off processes" in environments outside of high tech clusters and where technology transfer and entrepreneurship infrastructures have been weak. To identify their implications for venture formation, we studied the case of Belgium, gathering data from eight universities and forty-seven firms. We propose that spin-off processes in academic institutions affect the form and growth orientations of ventures.

Suggested Citation

  • Degroof, Jean-Jacques & Roberts, Edward B., 2003. "Spinning-off New Ventures from Academic Institutions in Areas with Weak Entrepreneurial Infrastructure: Insights on the Impact of Spin-off Processes on the Growth-orientation of Ventures," Working papers 4311-03, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    • Handle: RePEc:mit:sloanp:3524
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    File URL: http://hdl.handle.net/1721.1/3524
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    1. Breschi, Stefano & Malerba, Franco, 2001. "The Geography of Innovation and Economic Clustering: Some Introductory Notes," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(4), pages 817-833, December.
    2. Bresnahan, Timothy F & Gambardella, Alfonso & Saxenian, AnnaLee, 2001. "'Old Economy' Inputs for 'New Economy' Outcomes: Cluster Formation in the New Silicon Valleys," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(4), pages 835-860, December.
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    Cited by:

    1. Elisa Salvador & Secondo Rolfo, 2011. "Are incubators and science parks effective for research spin-offs? Evidence from Italy," Science and Public Policy, Oxford University Press, vol. 38(3), pages 170-184, April.
    2. Elisa Salvador & Pierre-Jean Benghozi, 2015. "Research spin-off firms: does the university involvement really matter?," Post-Print hal-02091015, HAL.
    3. Elisa Salvador, 2011. "Are science parks and incubators good “brand names” for spin-offs? The case study of Turin," The Journal of Technology Transfer, Springer, vol. 36(2), pages 203-232, April.
    4. Tahvanainen, Antti-Jussi & Hermans, Raine, 2008. "Value Creation in the Interface of Industry and Academy - A Case Study of Intellectual Capital of Technology Transfer Offices At US Universities," Discussion Papers 1148, The Research Institute of the Finnish Economy.

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