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Assessing Technology-based Spin-offs from University Support Units

Author

Listed:
  • Mircea Epure
  • Diego Prior
  • Christian Serarols

Abstract

This paper takes a regional studies approach to assess the efficiency of technology-based spin-offs that benefited from financial and infrastructure aid. It does so by following the objectives of institutions for regional support and provides evidence on spin-offs created within the special case of a technology transfer network placed at Catalan universities. We contribute to the literature in at least two ways. First, we detect and conceptualise the specific regional objectives and the associated inputs and outputs needed to assess firms created at university-based support units. Second, an application provides empirical insights into regional mechanisms for firm creation. Results indicate that many efficient spin-offs have formal technology transfer agreements and emerge from universities with more technological background. Second stage analyses show that higher levels of innovation and specific academic knowledge or experience related with the university of origin are associated with higher efficiency.Concluding remarks focus on regional policy making and future research directions.

Suggested Citation

  • Mircea Epure & Diego Prior & Christian Serarols, 2014. "Assessing Technology-based Spin-offs from University Support Units," Working Papers 650, Barcelona Graduate School of Economics.
  • Handle: RePEc:bge:wpaper:650
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    References listed on IDEAS

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    Cited by:

    1. Federico Munari & Einar Rasmussen & Laura Toschi & Elisa Villani, 2016. "Determinants of the university technology transfer policy-mix: a cross-national analysis of gap-funding instruments," The Journal of Technology Transfer, Springer, vol. 41(6), pages 1377-1405, December.
    2. repec:spr:intemj:v:13:y:2017:i:3:d:10.1007_s11365-016-0431-6 is not listed on IDEAS
    3. Nora Hesse & Rolf Sternberg, 2017. "Alternative growth patterns of university spin-offs: why so many remain small?," International Entrepreneurship and Management Journal, Springer, vol. 13(3), pages 953-984, September.
    4. María Elena Gómez-Miranda & Isabel Román-Martínez, 2016. "Las spin-off universitarias españolas: análisis económico-financiero y factores que condicionan su cifra de negocios," Hacienda Pública Española, IEF, vol. 217(2), pages 131-155, June.
    5. repec:kap:jtecht:v:42:y:2017:i:5:d:10.1007_s10961-016-9476-5 is not listed on IDEAS

    More about this item

    Keywords

    university spin-off; regional development; efficiency; entrepreneurship; technology transfer; innovation;

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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