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Impact of regional systems of innovation on the formation of university spin-offs by biomedical star scientists

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  • V.J. Thomas
  • Elicia Maine

Abstract

Scientists in research universities can play a formative role in commercialising their inventions for the benefit of society. University spin-off formation is increasing in importance as an alternative to licensing, and can be impacted by both micro and macro-level factors of the regional system of innovation. However, there is limited understanding of the ways in which these factors can interact to enable the formation of university spin-offs. In this study we examine how the productivity of two biomedical star scientists in co-founding university spin-offs can be supported or constrained by other elements of the regional system of innovation. Recommendations are made for research universities seeking to foster entrepreneurship through university spin-off formation.

Suggested Citation

  • V.J. Thomas & Elicia Maine, 2019. "Impact of regional systems of innovation on the formation of university spin-offs by biomedical star scientists," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 37(2), pages 271-287.
    • Handle: RePEc:ids:ijesbu:v:37:y:2019:i:2:p:271-287
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    Cited by:

    1. Thomas, V.J. & Bliemel, Martin & Shippam, Cynthia & Maine, Elicia, 2020. "Endowing university spin-offs pre-formation: Entrepreneurial capabilities for scientist-entrepreneurs," Technovation, Elsevier, vol. 96.

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