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Exploring Incubation Performances and Its Determinants

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  • Mario BENASSI

Abstract

In this paper we explore the issue of academic incubators performances. We first discuss how and why universities entered the business arena to extract value from the knowledge they were creating. We argue that Universities followed two different strategies: a simple goal versus a mixed goals strategy. This dichotomy has made the issue of measuring performances a tricky one. As far as performances in value extraction is concerned, huge differences exist. We suggest that available input resources are not a full account for explaining such differences. We argue that real commitment, specialization of resources and ability to modify and innovate internal processes can explain these differences. We use the Italian case as a test-bed for these assumptions.

Suggested Citation

  • Mario BENASSI, 2014. "Exploring Incubation Performances and Its Determinants," Departmental Working Papers 2014-09, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
  • Handle: RePEc:mil:wpdepa:2014-09
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    References listed on IDEAS

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    1. Francesca Polese, 2006. "In search of a new industry: Giovanni Battista Pirelli and his educational journey through Europe, 1870-1871," Business History, Taylor & Francis Journals, vol. 48(3), pages 354-375.
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    4. Massimo G. Colombo & Evila Piva & Francesco Rentocchini, 2012. "The effects of incubation on academic and non-academic high-tech start-ups: evidence from Italy," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 21(5-6), pages 505-527, December.
    5. Fabrizio, Kira R. & Di Minin, Alberto, 2008. "Commercializing the laboratory: Faculty patenting and the open science environment," Research Policy, Elsevier, vol. 37(5), pages 914-931, June.
    6. Tanya Menon & Jeffrey Pfeffer, 2003. "Valuing Internal vs. External Knowledge: Explaining the Preference for Outsiders," Management Science, INFORMS, vol. 49(4), pages 497-513, April.
    7. Danilo Liberati & Marco Marinucci & Giulia Martina Tanzi, 2016. "Science and technology parks in Italy: main features and analysis of their effects on the firms hosted," The Journal of Technology Transfer, Springer, vol. 41(4), pages 694-729, August.
    8. Christoph Grimpe & Ulrich Kaiser, 2010. "Balancing Internal and External Knowledge Acquisition: The Gains and Pains from R&D Outsourcing," Journal of Management Studies, Wiley Blackwell, vol. 47(8), pages 1483-1509, December.
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    Cited by:

    1. Mario BENASSI & Matteo LANDONI & Francesco RENTOCCHINI, 2017. "University Management Practices and Academic Spin-offs," Departmental Working Papers 2017-11, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.

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    More about this item

    Keywords

    Incubators; starter-ups;

    JEL classification:

    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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