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The influence of government subsidies and risk capital on survival of university spin-offs: findings from 16 early stage case studies

  • Sven H. De Cleyn
  • Johan Braet
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    Scholar research seems to confirm that the type of funding of a university spin-off venture influences these survival chances. This study aims to investigate whether the basic type of funding used for young university spin-offs influences the survival chances. The reasoning is that screening by a previously independent party such as government agencies, business angels or venture capitalists provides additional evidence on the potential of a project or venture. The preliminary results, based on 16 case studies with Belgian university spin-offs, seem to confirm that successful application for government subsidies for the development of a technology, product or business increases the likelihood of venture survival. On the other hand, access to risk capital seems not to positively influence survival chances.

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    Article provided by Inderscience Enterprises Ltd in its journal World Review of Entrepreneurship, Management and Sustainable Development.

    Volume (Year): 5 (2009)
    Issue (Month): 4 ()
    Pages: 376-394

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    Handle: RePEc:ids:wremsd:v:5:y:2009:i:4:p:376-394
    Contact details of provider: Web page: http://www.inderscience.com/browse/index.php?journalID=173

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