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University spin-offs and their impact: longitudinal evidence from Italy

Author

Listed:
  • Daniela Bolzani
  • Riccardo Fini
  • Rosa Grimaldi
  • Maurizio Sobrero

Abstract

The creation of university spin-off companies (USOs) is one of the most visible form of commercialization of university research. To date, there is scant and mixed evidence about USOs and their performance, thus producing a debate about their impact on the economy and society and about the legitimization of policies to support their development. In this paper, we address this gap by providing evidence about the growth strategies and performances of USOs in the Italian context. We analyze the population of nine hundred thirty-five USOs spin-off from Italian public universities since 2000, highlighting potential avenues for future research on this important topic.

Suggested Citation

  • Daniela Bolzani & Riccardo Fini & Rosa Grimaldi & Maurizio Sobrero, 2014. "University spin-offs and their impact: longitudinal evidence from Italy," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2014(4), pages 237-263.
    • Handle: RePEc:fan:polipo:v:html10.3280/poli2014-004011
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    Citations

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    Cited by:

    1. Paola M. A. Paniccia & Silvia Baiocco, 2018. "Co-Evolution of the University Technology Transfer: Towards a Sustainability-Oriented Industry: Evidence from Italy," Sustainability, MDPI, vol. 10(12), pages 1-29, December.
    2. Christian Sandström & Karl Wennberg & Martin W. Wallin & Yulia Zherlygina, 2018. "Public policy for academic entrepreneurship initiatives: a review and critical discussion," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1232-1256, October.
    3. Francesco Perugini, 2023. "Space–time analysis of entrepreneurial ecosystems," The Journal of Technology Transfer, Springer, vol. 48(1), pages 240-291, February.
    4. María Elena Gómez-Miranda & Isabel Román-Martínez, 2016. "Las spin-off universitarias españolas: análisis económico-financiero y factores que condicionan su cifra de negocios," Hacienda Pública Española / Review of Public Economics, IEF, vol. 217(2), pages 131-155, June.
    5. Shinya Suzuki & Hiroyuki Okamuro, 2016. "Determinants of Academic Startups’ Orientation toward International Business Expansion," Administrative Sciences, MDPI, vol. 7(1), pages 1-20, December.
    6. Michele Meoli & Silvio Vismara, 2016. "University support and the creation of technology and non-technology academic spin-offs," Small Business Economics, Springer, vol. 47(2), pages 345-362, August.
    7. Fernando ALMEIDA, 2018. "Insights And Perspectives From A Literature Review On University Spin-Offs," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 10(2), pages 27-40, June.
    8. Riccardo Fini & Kun Fu & Marius Tuft Mathisen & Einar Rasmussen & Mike Wright, 2017. "Institutional determinants of university spin-off quantity and quality: a longitudinal, multilevel, cross-country study," Small Business Economics, Springer, vol. 48(2), pages 361-391, February.
    9. Irene Sala & Maurizio Sobrero, 2021. "Games of policy and practice: multi-level dynamics and the role of universities in knowledge transfer processes," The Journal of Technology Transfer, Springer, vol. 46(4), pages 866-906, August.
    10. Christian Corsi, 2018. "Il ruolo degli spin-off universitari nel contesto socio-economico locale: analisi degli indicatori di performance e innovazione," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2018(1), pages 73-94.
    11. Petra Moog & Christian Soost, 2022. "Does team diversity really matter? The connection between networks, access to financial resources, and performance in the context of university spin-offs," Small Business Economics, Springer, vol. 58(1), pages 323-351, January.
    12. Cornelia Kolb & Marcus Wagner, 2018. "How university spin-offs differ in composition and interaction: a qualitative approach," The Journal of Technology Transfer, Springer, vol. 43(3), pages 734-759, June.

    More about this item

    Keywords

    Spin-off accademiche; imprenditorialit? accademica; strategie di crescita; performance;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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