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University Spin-Off's Transfer Speed: Analyzing the Time from Leaving University to Venture

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  • Müller, Kathrin

Abstract

For academic spin-offs I analyze the length of time between the founder's leaving of academia and the establishment of his firm. Technology transfer can take place even years after leaving the mother institution. A duration analysis reveals that a longer time-lag is caused by the necessity of assembling complementary skills, either by acquisition by a single founder or by searching for suitable team members. Furthermore, new ventures are established earlier if the intensity of technology transfer is high, the founders have access to university infrastructure, or received informal support by former colleagues.

Suggested Citation

  • Müller, Kathrin, 2008. "University Spin-Off's Transfer Speed: Analyzing the Time from Leaving University to Venture," ZEW Discussion Papers 08-034, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  • Handle: RePEc:zbw:zewdip:7306
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    References listed on IDEAS

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    Cited by:

    1. Alina Sorgner & Michael Fritsch, 2013. "Occupational Choice and Self-Employment - Are They Related?," Jena Economic Research Papers 2013-001, Friedrich-Schiller-University Jena.

    More about this item

    Keywords

    academic spin-offs; technology transfer; skill complementarities;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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