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What are the trade-offs of academic entrepreneurship? An investigation on the Italian case

Author

Listed:
  • Elisa Barbieri

    (University of Udine)

  • Lauretta Rubini

    (University of Ferrara)

  • Chiara Pollio

    (University of Ferrara)

  • Alessandra Micozzi

    (Polytechnic University of Marche)

Abstract

This study addresses the following research questions: what happens to the propensity to collaborate with other firms, once the researcher creates her own venture? Do her collaborations decrease or do they grow? These questions have been overlooked by the current literature, even though they carry important policy implications. Our key suggestion is that the effectiveness of a technology transfer tool can be better assessed by taking into account the possible crowding-out effects with other channels of knowledge transfer. We do so for Italy, by comparing the behavior of single researchers, before and after the establishment of their own firm, with the behavior of a control group. We assess whether those academics that founded their own firm significantly change their attitude to perform research collaborations with other firms by means of co-publication and co-patenting. We also verify whether creating a firm has an impact on the overall patenting and publication performance. Our results suggest that there is a negative effect on the overall publishing performance, while the patenting activity does not change significantly. Regarding co-publications, our results confirm the existence of a substitution effect between spin-offs and co-publication with firms, while we observe an increase in the case of co-patenting. A closer look at the data, however, suggests that the latter is mainly triggered by the patenting activity that the researcher performs with his or her own company.

Suggested Citation

  • Elisa Barbieri & Lauretta Rubini & Chiara Pollio & Alessandra Micozzi, 2018. "What are the trade-offs of academic entrepreneurship? An investigation on the Italian case," The Journal of Technology Transfer, Springer, vol. 43(1), pages 198-221, February.
  • Handle: RePEc:kap:jtecht:v:43:y:2018:i:1:d:10.1007_s10961-016-9482-7
    DOI: 10.1007/s10961-016-9482-7
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    Cited by:

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    7. Sabrina Backs & Markus Günther & Christian Stummer, 2019. "Stimulating academic patenting in a university ecosystem: an agent-based simulation approach," The Journal of Technology Transfer, Springer, vol. 44(2), pages 434-461, April.
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    More about this item

    Keywords

    Technology transfer; Policy evaluation; Spin-off; Academic entrepreneurship; Propensity score matching;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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