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University Management Practices and Academic Spin-offs

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  • Mario BENASSI
  • Matteo LANDONI
  • Francesco RENTOCCHINI

Abstract

Building upon the recent literature on the empirical economics of management, we posit that different forms of management practices introduced by Universities to support academic entrepreneurship affect how well spin-offs get created, supported and evaluated and, eventually, account for academic spinoff performance. We draw on a longitudinal sample of 790 Italian University spin-offs founded by 42 different Italian Universities and observed over the period 2006-2014. Our results suggest that management practices contribute to explain the growth of academic spin-offs and that this effect varies across management practices (e.g. support operations management vs. target management) and spin-offs’ growth patterns (e.g. high-growth vs. low-growth spin-offs). Drawing on these results, the adoption of management practices by University managers should be carefully considered as they seem to serve different purposes. Their appropriateness can vary and, not surprisingly, some management practices seem to be more effective than others in driving spin-offs’ growth.

Suggested Citation

  • 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.
  • Handle: RePEc:mil:wpdepa:2017-11
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    More about this item

    Keywords

    Management practices; Academic spin-offs; Spin-offs Growth; Internal process;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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