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Technology transfer offices and academic spin-off creation: the case of Italy

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  • Bernardina Algieri

    ()

  • Antonio Aquino

    ()

  • Marianna Succurro

    ()

Abstract

Over the past decades, university-industry relationships have become an important subject due to the essential role played by technological progress in the economic development of countries. From a theoretical point of view, several studies have shown the close relationship between investments in research and innovative activities of universities and the economic growth of specific territories. Indeed, the strong linkages between universities and a country’s production system encourage the process of technology transfer and the commercial use of the research results. For this reason, the European Union has implemented a series of measures to promote the adoption of research findings in the real economic and social context, strengthening the linkages between universities, industries and government. As a starting point for enhancing this link, specific mechanisms have been devised by universities. In particular, technology transfer offices (TTOs) have been created to stimulate and encourage the dissemination of the research outcomes, translate them into practise, and facilitate their interrelations with the other two agents of the innovation systems: industries and government. Within this context, the present paper aims to gain knowledge on the determinants of spin-off creation in Italy with special attention to the role played by university TTOs. Specifically, an econometric probability model has been built merging the extant literature into four distinct strands. The analysis, based on the NetVal indicators and primary data survey, has allowed us to assess the Italian experience at an aggregate and disaggregate level. Copyright Springer Science+Business Media, LLC 2013

Suggested Citation

  • Bernardina Algieri & Antonio Aquino & Marianna Succurro, 2013. "Technology transfer offices and academic spin-off creation: the case of Italy," The Journal of Technology Transfer, Springer, vol. 38(4), pages 382-400, August.
  • Handle: RePEc:kap:jtecht:v:38:y:2013:i:4:p:382-400
    DOI: 10.1007/s10961-011-9241-8
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Tommaso Agasisti & Cristian Barra & Roberto Zotti, 2017. "Research, knowledge transfer and innovation: the effect of Italian universities’ efficiency on the local economic development 2006-2012," Working papers 60, Società Italiana di Economia Pubblica.
    2. Rossi, Federica & Fassio,Claudio & Geuna, Aldo, 2014. "The Role of Institutional Characteristics in Knowledge Transfer: A Comparative Analysis of Two Italian Universities," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201410, University of Turin.
    3. Berbegal-Mirabent, Jasmina & Ribeiro-Soriano, Domingo Enrique & Sánchez García, José Luis, 2015. "Can a magic recipe foster university spin-off creation?," Journal of Business Research, Elsevier, vol. 68(11), pages 2272-2278.
    4. Mariluz Fernández-Alles & Carmen Camelo-Ordaz & Noelia Franco-Leal, 2015. "Key resources and actors for the evolution of academic spin-offs," The Journal of Technology Transfer, Springer, vol. 40(6), pages 976-1002, December.
    5. repec:kap:jtecht:v:43:y:2018:i:3:d:10.1007_s10961-018-9658-4 is not listed on IDEAS
    6. Annelore Huyghe & Mirjam Knockaert & Evila Piva & Mike Wright, 2016. "Are researchers deliberately bypassing the technology transfer office? An analysis of TTO awareness," Small Business Economics, Springer, vol. 47(3), pages 589-607, October.
    7. Donato Iacobucci & Alessandra Micozzi, 2015. "How to evaluate the impact of academic spin-offs on local development: an empirical analysis of the Italian case," The Journal of Technology Transfer, Springer, vol. 40(3), pages 434-452, June.
    8. Aurora Teixeira & Cátia Coimbra, 2014. "The determinants of the internationalization speed of Portuguese university spin-offs: An empirical investigation," Journal of International Entrepreneurship, Springer, vol. 12(3), pages 270-308, September.
    9. Giorgio Calcagnini & Ilario Favaretto & Germana Giombini & Francesco Perugini & Rosalba Rombaldoni, 2016. "The role of universities in the location of innovative start-ups," The Journal of Technology Transfer, Springer, vol. 41(4), pages 670-693, August.
    10. Annalisa Croce & Luca Grilli & Samuele Murtinu, 2014. "Venture capital enters academia: an analysis of university-managed funds," The Journal of Technology Transfer, Springer, vol. 39(5), pages 688-715, October.
    11. Villani, Elisa & Rasmussen, Einar & Grimaldi, Rosa, 2017. "How intermediary organizations facilitate university–industry technology transfer: A proximity approach," Technological Forecasting and Social Change, Elsevier, vol. 114(C), pages 86-102.
    12. G. Derrick, 2015. "Integration versus separation: structure and strategies of the technology transfer office (TTO) in medical research organizations," The Journal of Technology Transfer, Springer, vol. 40(1), pages 105-122, February.

    More about this item

    Keywords

    Technology transfer; Spin-offs; Academic entrepreneurship; C01; O30; O31; O32;

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • 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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