The development of university spin-offs: Early dynamics of technology transfer and networking

Measuring the contributions of ‘hi-tech’ small firms by looking only at their product sales, innovation outputs and employment generation may understate their effectiveness. Another important contribution of entrepreneurship ‘hi-tech’ firms is their catalyzing role to knowledge creation and transfer...

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Bibliographic Details
Published in:Technovation 2003-10, Vol.23 (10), p.823-831
Main Authors: Perez Perez, Manuela, Martinez Sanchez, Angel
Format: Article
Language:English
Subjects:
Auswirkung
Colleges & universities
Commercialization
Effectiveness
High tech industries
Hochschule
Netzwerk
R&D
Regional innovation networks
Research & development
Small business
Spanien
Spinoffs
Studies
Technologietransfer
Technology transfer
University spin-offs
Wissenstransfer
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Summary:Measuring the contributions of ‘hi-tech’ small firms by looking only at their product sales, innovation outputs and employment generation may understate their effectiveness. Another important contribution of entrepreneurship ‘hi-tech’ firms is their catalyzing role to knowledge creation and transfer in innovation networks. This paper addresses two exploratory research questions: how active in network development and technology transfer are university spin-offs during their early years to overcome initial disadvantages? Is there any relationship between early networks development and knowledge creation and technology transfer in university spin-offs? Using data from companies spun off from a Spanish university in the period 1990–2000, the empirical results suggest that technology transfer and networking at university spin-offs decreased after their early years but at the same time the relationships with customers increased.
ISSN:0166-4972
1879-2383
DOI:10.1016/S0166-4972(02)00034-2