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Academic spinoffs: the role of entrepreneurship education

Author

Listed:
  • Giuliano Sansone

    (Politecnico di Torino and Entrepreneurship and Innovation Center (EIC))

  • Daniele Battaglia

    (Politecnico di Torino and Entrepreneurship and Innovation Center (EIC))

  • Paolo Landoni

    (Politecnico di Torino and Entrepreneurship and Innovation Center (EIC))

  • Emilio Paolucci

    (Politecnico di Torino and Entrepreneurship and Innovation Center (EIC))

Abstract

New ventures depend on the capability of entrepreneurs to transform an idea or a technology into a successful company. The literature on entrepreneurship has recognized that Entrepreneurship Education (EE) plays a key role in this process, but the literature on academic spinoffs has focused on other determinants (e.g., Technology Transfer Offices - TTO, and university research expenditures). This research investigates the role of EE in the creation of academic spinoffs by using a new dataset built around 1262 entrepreneurship courses offered between 2011 and 2014 by 80 US universities included in the Licensing Survey by the Association of University Technology Managers - AUTM). Adopting a Poisson panel regression model, we show that, in addition to TTO size and university research expenditures, EE favours the creation of academic spinoffs. Moreover, we find that practical – rather than theoretical - entrepreneurship courses favour the creation of academic spinoffs. We conclude discussing the theoretical and practical implications for universities, students and scholars interested in entrepreneurship.

Suggested Citation

  • Giuliano Sansone & Daniele Battaglia & Paolo Landoni & Emilio Paolucci, 2021. "Academic spinoffs: the role of entrepreneurship education," International Entrepreneurship and Management Journal, Springer, vol. 17(1), pages 369-399, March.
    • Handle: RePEc:spr:intemj:v:17:y:2021:i:1:d:10.1007_s11365-019-00601-9
    DOI: 10.1007/s11365-019-00601-9
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    19. Rosangela Feola & Roberto Parente & Valentina Cucino, 2021. "The Entrepreneurial University: How to Develop the Entrepreneurial Orientation of Academia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1787-1808, December.
    20. Fini, Riccardo & Grimaldi, Rosa & Meoli, Azzurra, 2020. "The effectiveness of university regulations to foster science-based entrepreneurship," Research Policy, Elsevier, vol. 49(10).

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