Assessing technology-based spin-offs from university support units
AbstractLiterature 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 1330.
Date of creation: Nov 2011
Date of revision: Oct 2012
Contact details of provider:
Web page: http://www.econ.upf.edu/
university spin-off; regional development; efficiency; entrepreneurship; technology transfer; innovation;
Other versions of this item:
- Mircea Epure & Diego Prior & Christian Serarols, 2012. "Assessing Technology-based Spin-offs from University Support Units," Working Papers 650, Barcelona Graduate School of Economics.
- 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-2012-07-29 (All new papers)
- NEP-CSE-2012-07-29 (Economics of Strategic Management)
- NEP-EFF-2012-07-29 (Efficiency & Productivity)
- NEP-ENT-2012-07-29 (Entrepreneurship)
- NEP-INO-2012-07-29 (Innovation)
- NEP-KNM-2012-07-29 (Knowledge Management & Knowledge Economy)
- NEP-SBM-2012-07-29 (Small Business Management)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Birley, Sue, 1987. "New ventures and employment growth," Journal of Business Venturing, Elsevier, vol. 2(2), pages 155-165.
- Hawkins, Del I., 1993. "New business entrepreneurship in the Japanese economy," Journal of Business Venturing, Elsevier, vol. 8(2), pages 137-150, March.
- Sergey Anokhin & Joakim Wincent & Erkko Autio, 2011. "Operationalizing opportunities in entrepreneurship research: use of data envelopment analysis," Small Business Economics, Springer, vol. 37(1), pages 39-57, July.
- Wendy Chapple & Andy Lockett & Donald S. Siegel & Mike Wright, 2004.
"Assessing the Relative Performance of U.K. University Technology Transfer Offices: Parametric and Non-Parametric Evidence,"
Rensselaer Working Papers in Economics
0423, Rensselaer Polytechnic Institute, Department of Economics.
- Chapple, Wendy & Lockett, Andy & Siegel, Donald & Wright, Mike, 2005. "Assessing the relative performance of U.K. university technology transfer offices: parametric and non-parametric evidence," Research Policy, Elsevier, vol. 34(3), pages 369-384, April.
- Wilson, Paul W, 1993. "Detecting Outliers in Deterministic Nonparametric Frontier Models with Multiple Outputs," Journal of Business & Economic Statistics, American Statistical Association, vol. 11(3), pages 319-23, July.
- Per Andersen & Niels Christian Petersen, 1993. "A Procedure for Ranking Efficient Units in Data Envelopment Analysis," Management Science, INFORMS, vol. 39(10), pages 1261-1264, October.
- Acs, Zoltan J & Audretsch, David B, 1988. "Innovation in Large and Small Firms: An Empirical Analysis," American Economic Review, American Economic Association, vol. 78(4), pages 678-90, September.
- Di Gregorio, Dante & Shane, Scott, 2003. "Why do some universities generate more start-ups than others?," Research Policy, Elsevier, vol. 32(2), pages 209-227, February.
- Siegel, Donald S. & Waldman, David & Link, Albert, 2003. "Assessing the impact of organizational practices on the relative productivity of university technology transfer offices: an exploratory study," Research Policy, Elsevier, vol. 32(1), pages 27-48, January.
- Kirchhoff, Bruce A. & Phillips, Bruce D., 1988. "The effect of firm formation and growth on job creation in the United States," Journal of Business Venturing, Elsevier, vol. 3(4), pages 261-272.
- B. Clarysse & M. Wright & A. Lockett & E. Van De Velde & A. Vohora, 2004.
"Spinning Out New Ventures: A Typology Of Incubation Strategies From European Research Institutions,"
Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium
04/228, Ghent University, Faculty of Economics and Business Administration.
- Clarysse, Bart & Wright, Mike & Lockett, Andy & Van de Velde, Els & Vohora, Ajay, 2005. "Spinning out new ventures: a typology of incubation strategies from European research institutions," Journal of Business Venturing, Elsevier, vol. 20(2), pages 183-216, March.
- Mustar, Philippe & Renault, Marie & Colombo, Massimo G. & Piva, Evila & Fontes, Margarida & Lockett, Andy & Wright, Mike & Clarysse, Bart & Moray, Nathalie, 2006. "Conceptualising the heterogeneity of research-based spin-offs: A multi-dimensional taxonomy," Research Policy, Elsevier, vol. 35(2), pages 289-308, March.
- Alvarez, Roberto & Crespi, Gustavo, 2003. " Determinants of Technical Efficiency in Small Firms," Small Business Economics, Springer, vol. 20(3), pages 233-44, May.
- Steffensen, Morten & Rogers, Everett M. & Speakman, Kristen, 2000. "Spin-offs from research centers at a research university," Journal of Business Venturing, Elsevier, vol. 15(1), pages 93-111, January.
- Dubini, Paola, 1989. "The influence of motivations and environment on business start-ups: Some hints for public policies," Journal of Business Venturing, Elsevier, vol. 4(1), pages 11-26, January.
- Carayol, Nicolas & Matt, Mireille, 2004. "Does research organization influence academic production?: Laboratory level evidence from a large European university," Research Policy, Elsevier, vol. 33(8), pages 1081-1102, October.
- Nicolaou, Nicos & Birley, Sue, 2003. "Academic networks in a trichotomous categorisation of university spinouts," Journal of Business Venturing, Elsevier, vol. 18(3), pages 333-359, May.
- Lockett, Andy & Siegel, Donald & Wright, Mike & Ensley, Michael D., 2005. "The creation of spin-off firms at public research institutions: Managerial and policy implications," Research Policy, Elsevier, vol. 34(7), pages 981-993, September.
- Ma, Hao & Tan, Justin, 2006. "Key components and implications of entrepreneurship: A 4-P framework," Journal of Business Venturing, Elsevier, vol. 21(5), pages 704-725, September.
- Wennekers, Sander & Thurik, Roy, 1999. " Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.