IDEAS home Printed from
MyIDEAS: Login to save this paper or follow this series

Assessing Technology-based Spin-offs from University Support Units

  • Mircea Epure
  • Diego Prior
  • Christian Serarols

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.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Barcelona Graduate School of Economics in its series Working Papers with number 650.

in new window

Date of creation: Sep 2015
Date of revision:
Handle: RePEc:bge:wpaper:650
Contact details of provider: Postal: Ramon Trias Fargas, 25-27, 08005 Barcelona
Phone: +34 93 542-1222
Fax: +34 93 542-1223
Web page:

More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Wennekers, Sander & Thurik, Roy, 1999. " Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
  2. Alvarez, Roberto & Crespi, Gustavo, 2003. " Determinants of Technical Efficiency in Small Firms," Small Business Economics, Springer, vol. 20(3), pages 233-44, May.
  3. Nicolaou, Nicos & Birley, Sue, 2003. "Academic networks in a trichotomous categorisation of university spinouts," Journal of Business Venturing, Elsevier, vol. 18(3), pages 333-359, May.
  4. Di Gregorio, Dante & Shane, Scott, 2003. "Why do some universities generate more start-ups than others?," Research Policy, Elsevier, vol. 32(2), pages 209-227, February.
  5. Per Andersen & Niels Christian Petersen, 1993. "A Procedure for Ranking Efficient Units in Data Envelopment Analysis," Management Science, INFORMS, vol. 39(10), pages 1261-1264, October.
  6. Clarysse, Bart & Wright, Mike & Lockett, Andy & Van de Velde, Els & Vohora, Ajay, 2005. "Spinning out new ventures: a typology of incubation strategies from European research institutions," Journal of Business Venturing, Elsevier, vol. 20(2), pages 183-216, March.
  7. Hawkins, Del I., 1993. "New business entrepreneurship in the Japanese economy," Journal of Business Venturing, Elsevier, vol. 8(2), pages 137-150, March.
  8. Lockett, Andy & Siegel, Donald & Wright, Mike & Ensley, Michael D., 2005. "The creation of spin-off firms at public research institutions: Managerial and policy implications," Research Policy, Elsevier, vol. 34(7), pages 981-993, September.
  9. Siegel, Donald S. & Waldman, David & Link, Albert, 2003. "Assessing the impact of organizational practices on the relative productivity of university technology transfer offices: an exploratory study," Research Policy, Elsevier, vol. 32(1), pages 27-48, January.
  10. Birley, Sue, 1987. "New ventures and employment growth," Journal of Business Venturing, Elsevier, vol. 2(2), pages 155-165.
  11. Ma, Hao & Tan, Justin, 2006. "Key components and implications of entrepreneurship: A 4-P framework," Journal of Business Venturing, Elsevier, vol. 21(5), pages 704-725, September.
  12. Steffensen, Morten & Rogers, Everett M. & Speakman, Kristen, 2000. "Spin-offs from research centers at a research university," Journal of Business Venturing, Elsevier, vol. 15(1), pages 93-111, January.
  13. Carayol, Nicolas & Matt, Mireille, 2004. "Does research organization influence academic production?: Laboratory level evidence from a large European university," Research Policy, Elsevier, vol. 33(8), pages 1081-1102, October.
  14. Dubini, Paola, 1989. "The influence of motivations and environment on business start-ups: Some hints for public policies," Journal of Business Venturing, Elsevier, vol. 4(1), pages 11-26, January.
  15. Mustar, Philippe & Renault, Marie & Colombo, Massimo G. & Piva, Evila & Fontes, Margarida & Lockett, Andy & Wright, Mike & Clarysse, Bart & Moray, Nathalie, 2006. "Conceptualising the heterogeneity of research-based spin-offs: A multi-dimensional taxonomy," Research Policy, Elsevier, vol. 35(2), pages 289-308, March.
  16. Acs, Zoltan J & Audretsch, David B, 1988. "Innovation in Large and Small Firms: An Empirical Analysis," American Economic Review, American Economic Association, vol. 78(4), pages 678-90, September.
  17. Wilson, Paul W, 1993. "Detecting Outliers in Deterministic Nonparametric Frontier Models with Multiple Outputs," Journal of Business & Economic Statistics, American Statistical Association, vol. 11(3), pages 319-23, July.
  18. Sergey Anokhin & Joakim Wincent & Erkko Autio, 2011. "Operationalizing opportunities in entrepreneurship research: use of data envelopment analysis," Small Business Economics, Springer, vol. 37(1), pages 39-57, July.
  19. Thursby, Jerry G. & Kemp, Sukanya, 2002. "Growth and productive efficiency of university intellectual property licensing," Research Policy, Elsevier, vol. 31(1), pages 109-124, January.
  20. Wendy Chapple & Andy Lockett & Donald S. Siegel & Mike Wright, 2004. "Assessing the Relative Performance of U.K. University Technology Transfer Offices: Parametric and Non-Parametric Evidence," Rensselaer Working Papers in Economics 0423, Rensselaer Polytechnic Institute, Department of Economics.
  21. Acworth, Edward B., 2008. "University-industry engagement: The formation of the Knowledge Integration Community (KIC) model at the Cambridge-MIT Institute," Research Policy, Elsevier, vol. 37(8), pages 1241-1254, September.
  22. Kirchhoff, Bruce A. & Phillips, Bruce D., 1988. "The effect of firm formation and growth on job creation in the United States," Journal of Business Venturing, Elsevier, vol. 3(4), pages 261-272.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:bge:wpaper:650. 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: (Bruno Guallar)

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.