Regional knowledge transfer through public research spin-offs
AbstractNew ventures stemming from universities and public research institutions have attracted increasing amounts of interest in the field of innovation politics over the last few years. Significant contributions to knowledge and technology transfer is expected from academic spin-offs, who are seen as transfer hubs, quickly creating exceptional products or processes and methods for economic use out of the newest scientific research results. Regions that are sites for research facilities are hoping that the new spin-offs will result in a strengthening of their own venture's innovative capabilities. First and foremost, this paper outlines representative empirical results of the founding of new academic spin-off ventures stemming from universities and public research institutions in germany. The main points of discussion will be the following: 1.) Presentation of the methods used to identify academic spin-offs, whose involvement with significant new research results, led to the establishment of the new venture. 2.) Relevance analysis of the regional proximity of scientific research institutions and their influence in the launch and continued relationship with new ventures. A geographical distance analysis is used. 3.) Identification of spin-off intensities in different industries, regions and categories of incubator institutions. 4.) Econometric analysis of the influence of success factors on spin-offs in comparison to other ventures with a corresponding business segment. This is performed with help of a semi-parametric control-group. 5.) Discussion on the usefulness of technology transfer hubs resulting from new spin-off ventures in the innovative development of regions. The data pool that is being presented here, consists of empirical results from a 1996 to 2000 ZEW survey of about 20,000 new ventures in technology or knowledge based industries and service sectors.
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