Assessing Technology-Based Spin-Offs from University Support Units
Regional Studies 50(3), 411-428 (2016)
30 Pages Posted: 19 Sep 2014 Last revised: 9 Jun 2016
Date Written: April 1, 2014
This paper takes a regional studies approach to assess spin-offs from a university-based technology transfer network. We first detect the regional objectives, inputs and outputs needed to assess spin-offs from support programmes. We then provide evidence on regional mechanisms for firm creation. We analyse spin-offs created at Catalan universities and find that many efficient spin-offs have formal technology transfer agreements, and emerge from technology-oriented universities. We also find that higher innovation levels and experience from the parent university are associated with higher efficiency, which is positively related to future fundamental profitability. Finally, we propose regional policy making and research directions.
Keywords: university spin-off, regional development, efficiency, entrepreneurship, technology transfer, innovation
JEL Classification: M1, R1
Suggested Citation: Suggested Citation