IDEAS home Printed from
   My bibliography  Save this article

Academic Spin-Offs in Italy: An Analysis of Governance Models and Performance


  • Donato Iacobucci
  • Alessandra Micozzi
  • Giacinto Micucci


The paper aims to provide an overview of the phenomenon of university spin-offs in Italy.Academics spin-offs constitute one of the ways in which knowledge developed in universitiesand public research institutions transfer into the productive sector. Differently from othermodes of technology transfer they are characterized by the direct involvement of researchersand the support of the parent institution. The possibility for university and research institutionsto authorize spin-offs was introduced in Italy in 1999. Up to 2012 nearly 750 spin-offs wereset up in Italy. They registered a high survival rate and, overall, a good financial performance.However, the spin- offs that have shown significant growth rates are just a few. Very often thespin-off is used to facilitate the supply of advanced services developed within the universityrather than developing new products and services. The paper also analyse the ownership structureof spin-offs and other factors affecting their growth performance.

Suggested Citation

  • Donato Iacobucci & Alessandra Micozzi & Giacinto Micucci, 2013. "Academic Spin-Offs in Italy: An Analysis of Governance Models and Performance," L'industria, Società editrice il Mulino, issue 4, pages 761-784.
  • Handle: RePEc:mul:j0hje1:doi:10.1430/75699:y:2013:i:4:p:761-784

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers

    File URL:
    Download Restriction: no

    As the access to this document is restricted, you may want to search for a different version of it.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mul:j0hje1:doi:10.1430/75699:y:2013:i:4:p:761-784. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.