The management of financial resources to sustain the academic incubators of entrepreneurial ideas: the case of University Federico II of Napoli

International Journal of Entrepreneurship and Innovation Management

Volumn 4, Issue 4, 2004, Pages 320-330

  Corti, Eugenio ^a   Torello, Ilenia ^a  

^a UNIVERSITY OF NAPLES FEDERICO II   (Italy)

Author keywords

academic spin offs; entrepreneurship creation; incubator of business ideas; regional closed fund; venture capital

Indexed keywords

EID: 62449309854     PISSN: 1368275X     EISSN: 17415098     Source Type: Journal    
DOI: 10.1504/IJEIM.2004.005476     Document Type: Article

References (90)

1. Jones-Evans, D. (1997) ‘Technical entrepreneurship, experience and the managment of small technology-based firms, exploratory evidence from UK’, Entrepreneurship and Regional Development, No. 9.
2. Machlis, A. (1999) ‘Israeli venture capital fund target Europe’, Financial Times, Vol. 7, giugno.
3. Piccaluga, A. (1999) ‘Percorsi di trasformazione e applicazione della ricerca scientifica pubblica: il contributo delle imprese spin off’, Studi e Note di Economia, Vol. 3.
4. Shefer, D. and Frenkel, A. (2002) ‘The technological incubators programme – assesment and success factors’, IFISEMeeting No. 4, Milano, 28 February-1 March.
5. About 1.1% in Italy, 1.92% in Europe.
6. Abramo, G. (1998) ‘Il sistema della ricerca in Italia: il nodo del trasferimento tecnologico’, Rivista di Economia e Politica Industriale, No. 99.
7. Mansani, L. (1999) ‘Gli ostacoli finanziari, il ruolo delle banche e le nuove prospettive per l’espansione delle imprese spin-off’, Impresa e Stato, No. 43.
8. AIFI (2000) ‘Riunione della commissione start up’, Milano, September 8 2001, sede AIFI.
9. Informations available on the websites of INFM and University of Twente.
10. Autio, E. and Kaukanen, I. (1994) ‘Technologist-enterpreneurs vs. non-entrepreneurial technologist: analysis of motivational triggering factors’, Entrepreneurship and Regional Development, No. 6.
11. Facchini, C., Formica, P. and Pezzi, A. (1998) ‘Commercializing innovation though spin-off company formation’.
12. Corti, E. (2002) ‘Gestione dell’innovazione, la piccola impresa innovativa’, De Feo, P., Naso, V. and Nicolais, L. (Eds.): presentazione, ESI.
13. Smilor, R.W. (1997) ‘Commercializing technology through new business incubators’, Research Management, No. 30.
14. Pace, G. (2000) Policies for Industrial Districts Location in Italy and Israel: A Comparative Perspective, Working Paper No. 10, CNR-IREM.
15. This paper will be only concerned with the relationships between the university/public research centres and the creation and the development of new science-based entrepreneurial companies.
16. Generally speaking INNOVATION PROCESS is any set of changes, made inside an organisation, which leads to some results, perceived by the organisation as adequately positive. Therefore, Innovation is not an economic goods (therefore it cannot be transferred) but the behaviour of the organisation, which has the capability of acquiring new knowledge and using it (by some learning process).
17. Corti, E. (2000) ‘La valorizzazione delle conoscenze tecnico-scientifiche per l’incremento economico ed occupazionale della campania’, Polo delle Scienze e delle Tecnologie, 20 December, Napoli.
18. Any other resource can be easily acquired if the two above mentioned resources are enough in quality and quantitative.
19. EVCA (1997) Priorities for Private Equity, Realising Europe’s Entrepreneurial Potential, pubblicazione interna.
20. Modena, V. (2002) ‘Project IFISE status and preliminary conclusions’, IFISE Meeting No. 4, Milano, 28 February-1 March.
21. Modena, V. (2002) ‘A strategy for the Italian high tech policy’, IFISE Meeting No. 4, Milano, 28 February-1 March.
22. Technical, organizational or managerial knowledge with an economic value.
23. Only since the last four years, some Italian universities are tackling the problem of owning intellectual property rights.
24. Technically and economically applicable technology.
25. Knowledge resource and financial resource are the two main resources to carry out innovation.
26. Szakonyi, R. (1998) Managing New Product Technology, Ed. American Management Association, N.Y.
27. Such spaces must be very close to thosewhere the inventors work.
28. Gervasoni, A. (1996) Finanziare l’attivitâ imprenditoriale, ed. Guerini e Associati, Milano.
29. Gervasoni, A. and Sattin, F. (2000) Private Equity e Venture Capital, ed. Guerini e associati.
30. The financial support of the Incubator of Entrepreneurial Ideas will come from Public Institutions.
31. Universities: Università del Sannio of Benevento (leader), Università Federico II of Napoli, Università of SalernoUniversità of Napoli, Università Partenope of Napoli. Public Research Center: CNR-IMM; CNR-IREA; Fondazione G.Pascale; ITEM Lab, Consortium CINI, Napoli. Science Park: Consortium Technapoli, PST of Salerno.
32. Rather than conducting scientific research, unless such applied research will solve some well-defined specific problems from the local companies or from the local public administrations in the future.
33. From the Regional Operative Program.
34. The subscribers may be public institutions, banks, chambers of commerce, and private actors, venture capitalists, entrepreneurs and so on.
35. Bank of Italy, 1 July 1998.
36. Bank of Italy, 17 July 2001.
37. AA.VV (a cura di Anna Gervasoni) (1996) Impresa e mercato finanziario, Ed. Guerini e Associati, Milano.
38. AIFI (1999) ‘Venture capital and private equity in Italy’, Yearbook, Milano.
39. Arcaini, E., Arrighett, A. and Vivarelli, M. (1997) ‘Imprese che producono imprese. Motivazioni e fattori influenti sulla formazione di spin off’, Camera di Commercio di Milano.
40. Arrighetti, A. and Serravalli, G. (1999) ‘Una politica industriale per le imprese spin-off’, Impresa e Stato, No. 43.
41. Boldizzoni, D. and Serio, L. (1996) ‘Percorsi di sviluppo dell’impresa minore in Italia’, in Boldizzoni, D. and Serio, L. (Eds.): Il fenomeno piccola impresa, Guerini e Associati, Milano.
42. Boldizzoni, D. and Serio, L. (1999) ‘Lo spin-off tra imprenditorialità e managment’, Impresa e Stato, No. 42.
43. Brett, A.M., Gibson, D.V. and Smilor, R.W. (1991) University Spin-off Companies: Economic Development, Faculty Entrepreneurs, Rowman & Littlefield.
44. Cenciarini and Co (1999) ‘I fondi di investimento mobiliari chiusi: elementi caratteristici’, pubblicazione interna, Milano.
45. Collevecchio, D. and Morici, R. (2000) ‘L’integrazione tra comunità scientifica e mondo produttivo attraverso i Knoledge Worker’, Hamlet No. 22, Ed AIDP.
46. Confindustria – Gruppo Giovani imprenditori, A.I.F.I. (2001) Laboratorio regionale di Finanza, Crescere con il capitale di rischio Palazzo Partanna May 8, Napoli.
47. Corti, E. (1997) ‘Gestione dell’innovazione’, in Michellone, G.C., Petroni, G. and Volpicelli, G. (Eds.): presentazione, ESI.
48. Corti, E., Panza, M. and Torello, R.I. (2001) ‘The academic incubators for new business ideas: the case of Campania region in the South of Italy’, First International Conference ‘Enterpreneurship & Learning’, Napoli 21–23 June.
49. Del Giudice, R. (2002) ‘Incubators in Italy: a first review’, IFISE Meeting No. 4, Milano, 28 February-1 March.
50. EVCA, Coopers and Lybrand (1996) The Economic Impact of Venture Capital in Europe, pubblicazione interna.
51. Formica, P., Kamali, T.A. and Metzner (Eds.) (1999) Spin-offs from Innovative Learning Environments: Key Lessons from the World Wide Network of Science and Tecnology Parks, IASP editors.
52. Gervasoni, A. (2001) I Fondi mobiliari chiusi, ed ILSOLE24ORE.
53. Gervasoni, A. (2002) ‘The creation of seed capital funds for Italy’, IFISE Meeting No. 4, Milano, February-1 March.
54. Ghoshal, S. and Bartlett, C. (1995) ‘Building the entrepreneurial corporation: new organization process, new managerial task’, European Managment Journal, Vol. 13, No. 2.
55. Guerra (2002) ‘The support system model for innovative start up-the case of I3P’, IFISE Meeting No. 4, Milano, 28 February-1 March.
56. Lerner, J. (1999) Venture Capital and Private Equity, A Casebook, Ed. Wiley and Sons Inc, New York.
57. Pace, G. (2001) ‘The role of development agencies for the entrepreneurial promotion: Isreali case studies’, European Regional Science Association, No. 41, Congresso Europeo, Zagabria, August-1 September.
58. Piccaluga, A. (1998) Spin-off e venture capital. Come si creano e come si sviluppano nuove imprese high-tech, Milano, 30 October, convegno AIRI.
59. Piccaluga, A. and Chiesa, V. (1999) ‘La nascita di imprese ad alta tecnologia’, Impresa e Stato, No. 43.
60. Ponzellini, M. (1999) ‘E con il venture capital le pmi decollano’, Ilsole24ore, maggio, Vol. 18.
61. Roberts, E. (1991) ‘The technology base of the new enterprise’, Research Policy, No. 20.
62. Seward, J.K. and Walsh, J.P. (1996) ‘The governance and control of voluntary corporate spin-offs’, Strategic Managment Journal, Vol. 17, No. 11.
63. Smilor, R.W., Gibson, D.V. and Dietrich, G.B. (1990) ‘University spin off companies: technology start ups from ut-Austin’, Journal of Business Venturing, No. 45.
64. Teubal, M. (2002) ‘Validation of the Yozma programme and lessons from its success factors’, IFISE Meeting No. 4, Milano, 28 February-1 March.
65. Vesper, K.H. (1993) New Venture Mechanics, Prentice Hall, Englewood Cliffs.
66. Vivarelli, M. (1994) La nascita delle imprese in Italia: teorie e verifiche empiriche, Egea, Milano.
67. Watson, I. (1995) ‘Imprenditorialità e management professionale: una distinzione fatale’, in Boldizzoni, D. and Serio, L. (1996) ‘Il fenomeno piccola impresa’, Guerini e Associati, Milano.
68. www.venturecapitalexpo.net
69. www.Ilsole24ore.com
70. www.aster.it
71. www.infm.it
72. www.incubator.org
73. www.unibo.it
74. www.uilo.ubc.ca/spin-htm
75. www.bris.ac.uk/depts/rsilo
76. www.tesoro.it
77. www.fita.it
78. www.aifi.it
79. www.ice.it
80. www.ktec.com
81. www.impresa-stato.mi.camcom.it/im_37–38/capecchi.htm
82. www.conferenzabologna.ipi.it/esperienza_ialiana
83. www.oecd.org
84. www.arch.uchicago
85. www.sba.org
86. www.nvca.org
87. www.stat-usa.gov
88. www.opportunitalia.it
89. www.denaro.it
90. www.evca.com