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Assessing technology-based spin-offs from university support units

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  • Mircea Epure

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  • Diego Prior
  • Christian Serarols

Abstract

Literature highlights the importance of university spin-offs and their assistance mechanisms. However, there is little evidence on how to select and operationalize the appropriate variables for assessing this type of firms. This paper proposes a multidimensional design to estimate and interpret the efficiency of spin-offs embedded in university-based support mechanisms. We thus contribute to the literature in at least two ways. First, we identify the specific inputs and outputs that are required by both organisational and regional development perspectives. Second, an application considers a unique sample of spin-offs created at Catalan universities within a regional support programme. Main descriptive 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.

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Bibliographic Info

Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 1330.

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Date of creation: Nov 2011
Date of revision: Oct 2012
Handle: RePEc:upf:upfgen:1330

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Web page: http://www.econ.upf.edu/

Related research

Keywords: university spin-off; regional development; efficiency; entrepreneurship; technology transfer; innovation;

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