Determinants of university spin-offs;Factores determinantes de la creación de spin-offs universitarias

Revista Europea de Direccion y Economia de la Empresa

Volumn 19, Issue 1, 2010, Pages 47-68

  Pazos, David Rodeiro ^a   López, Sara Fernández ^a   González, Luis Otero ^a   Sandiás, Alfonso Rodríguez ^a  

^a UNIVERSITY OF SANTIAGO DE COMPOSTELA   (Spain)

Author keywords

Funding; Negative binomial regression; Poisson model; Technology transfer; University spin offs

Indexed keywords

EID: 73149107972     PISSN: 10196838     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (74)

1. ACOSTA, M.; CORONADO, D. (2002): "Las relaciones ciencia-tecnología en España. Evidencias a partir de las citas científicas en patentes", Economía Industrial, 356 (2002/IV), pp. 27-46.
2. AGRAWAL, A.; HENDERSON, R. (2002): "Putting Patents in Context: Exploring Knowledge Transfer from MIT", Management Science, 48 (1), pp. 44-60.
3. AUDRETSCH, D.B.; STEPHAN, P. (1996): "Company-Scientist Locational Links: The Case of Biotechnology", The American Economic Review, vol.86, núm. 3, pp. 641-652.
4. BARNEY, J.B. (1986): "Organizational Culture: Can It be a Source of Sustained Competitive Advantage?", Academy of Management Review, 11 (3), pp. 656-665.
5. BARNEY, J.B. (1991): "Firm Resources and Sustained Competitive Advantage", Journal of Management, 17 (1), pp. 99-120.
6. BRAY, M.J.; LEE, J.N. (2000): "University Revenues from Technology Transfer: Licensing Fees vs Equity Positions", Journal of Business Venturing, 15 (5-6), pp. 385-392.
7. CAMERON, A.C.; TRIVEDI, P.K. (1986): "Econometric Models Based on Count Data: Comparisons and Applications of Some Estimators", Journal of Applied Econometrics, vol.1, pp. 29-53.
8. CAMERON, A.; TRIVEDI, P. (1998): Regression Analysis of Count Data. Cambridge University Press.
9. CAPLAN, N. (1979): "The Two Communities Theory and Knowledge Utilization", American Behavioral Scientist, vol.22, pp. 459-470.
10. CHAPPLE, W.; LOCKETT, A.; SIEGEL, D.; WRIGHT, M. (2005): "Assessing the Relative Performance of U.K. University Technology Transfer Offices: Parametric and Non-Parametric Evidence", Research Policy, 34 (3), pp. 369-384.
11. CLARYSSE, B.; WRIGHT, M.; LOCKETT, A.; VAN DE ELDE, E.; VOHORA, A. (2005): "Spinning Out New Ventures: A Typology of Incubation Strategies from European Research Institutions", Journal of Business Venturing, vol.20, pp. 183-216.
12. COUPÉ, T. (2003): "Science Is Golden: Academic R&D and University Patents", Journal of Technology Transfer, vol.28, pp. 31-46.
13. DECLERCQ, G.V. (1981): "A Third Look at the Two Cultures: The New Economic Responsability of the University", International Journal of Institutional Management in Higher Education, vol.5, núm. 2, pp. 117-122.
14. DEGROOF, J.J.; ROBERTS, E.B. (2004): "Overcoming Weak Entrepreneurial Infrastructures for Academic Spin-Off Ventures", Journal of Technology Transfer, vol.29, pp. 327-352.
15. DI GREGORIO, D.; SHANE, S. (2003): "Why do Some Universities Generate More Start-Ups than Others?", Research Policy, vol.32, pp. 209-227.
16. DJOKOVIC, D.; SOUITARIS, V. (2004): Spinouts from Academic Institutions: A Literature Review with Suggestions for Further Research. (Working Paper). Cass Business School, UK.
17. EDELMAN, L.F.; BRUSH, C.G.; MANOLOVA, T. (2005): "Co-Alignment in the Resource-Performance Relationship: Strategy as Mediator", Journal of Business Venturing, vol.20, pp. 359-383.
18. FOLTZ, J.; BARHAM, B.; KIM, K. (2000): Universities and Agricultural Biotechnology Patent Production. (Working Paper).
19. FONTES, M. (2003): "The Process of Transformation of Scientific and Technological Knowledge Into Economic Value Conducted by Biotechnology Spin-Offs", Technovation, 25 (4), pp. 339-347.
20. FRANKLIN, S.; WRIGHT, M.; LOCKETT, A. (2001): "Academic and Surrogate Entrepreneurs in University Spin-Out Companies", Journal of Technology Transfer, 26 (1-2), pp. 127-141.
21. GONZÁLEZ M.O.; ÁLVAREZ, G.J. (2005): "Pautas de creación de spin-offs en las universidades españolas", VII Congreso Nacional de Economía. A Coruña.
22. GRANDI, A.; GRIMALDI, R. (2003): "Exploring the Networking Characteristics of New Venture Founding Teams", Small Business Economics, vol.21 (4), pp. 329-341.
23. GREENE, W. (1998): Análisis econométrico. 3a ed. Prentice Hall.
24. a ed. Prentice Hall.
25. HART, M.M.; STEVENSON, H.H.; DIAL, J. (1995): "Entrepreneurship: A Definition Revisited", Frontiers of Entrepreneurship Research, pp. 75-89. Wellesley: Babson College.
26. HEIRMAN, A.; CLARYSSE, B. (2004): "How and why do Research-Based Start-Ups Differ at Founding? A Resource-Based Configurational Perspective", Journal of Technology Transfer, vol.29, núm. 3-4, pp. 247-268.
27. HENDERSON, R.; JAFFE, A.B.; TRAJTENBERG, M. (1998): "Universities as a Source of Commercial Technology", Review of Economics and Statistics, vol.80, pp. 119-127.
28. HORMIGA, E.; BATISTA, R.M.; SANCHÉZ, A. (2007): "La influencia del capital relacional en el éxito de las empresas de nueva creación", XVII Jornadas Hispano-Lusas de Gestión Científica. Logroño.
29. JENSEN, R.; THURSBY, M. (2001): "Proofs And Prototypes For Sale: The Licensing Of University Inventions", American Economic Review, vol.91, pp. 240-259.
30. KATZ, J.; GARTNER, W.B. (1988): "Properties of Emerging Organizations", Academy of management Review, 13 (3), pp. 429-441.
31. LALKAKA, R. (2001): "Business Incubation for Creating Entrepreneurial Ventures", Virtual World Congress of Entrepreneurs.
32. LAMBERT, R. (2003): Lambert Review of Business-University Collaboration. London: HMSO.
33. LANDRY, R.; AMARA, N.; OUIMET, M. (2002): "Research Transfer in Natural Sciences and Engineering: Evidence from Canadian Universities", The 4th Triple Helix Conference. Copenhagen.
34. LANDRY, R.; RHERRAD, I.; AMARA, N. (2005): "The Determinants of University Spin-Offs: Evidence from Canadian Universities", The 5th Triple Helix Conference.Turin.
35. LINK, A.N.; SCOTT, J.T. (2005): "Opening the Ivory Tower's Door: An Analysis of the Determinants of the Formation of U.S. University Spin-Off Companies", Research Policy, vol.34 (7), pp 1106-1112.
36. LLORENS, N. (2005): Evaluación en el modelado de respuestas de recuento. (Tesis doctoral). Universitat de les Illes Balears. (Disponible en www.tesisenxarxa.net/TESIS-UIB/AVAILABLE/TDX1025105-094848//tnla1de1.pdf. Última consulta: febrero de 2007).
37. LOCKETT, A.; WRIGHT, M. (2005): "Resources, Capabilities, Risk Capital and the Creation of University Spin-Out Companies", Research Policy, vol.34(7), pp. 1043-1057.
38. LOCKETT, A.; WRIGHT, M.; FRANKLIN, S. (2003): "Technology Transfer and Universities, Spin-Out Strategies", Small Business Economics, vol.20 (2), pp. 185 -200.
39. LOCKETT, A; WRIGHT, M.; VOHORA, A. (2004): "Resources, Capabilities, Risk Capital and the Creationof University Spin-Out Companies", SPRU-Science and Technology Policy Research. (University of Sussex Documents). (disponible en http://www. sussex.ac.uk/spru/documents/wright-lockett-paper.doc Última consulta: febrero de 2007).
40. LONG, J.S. (1997): Regression Models for Categorical and Limited Dependent Variables. Thousand Oaks: Sage.
41. LOWE, J. (1993): "Commercialisation of University Research: A Policy Perspective", Technology analysis and strategic Management, vol.5 (1), pp. 27-37.
42. LUNDQVIST, M.A.; WILLIAMS, K.L. (2005): "Adding Licensing and Venture Creation to a University Mission of Open Exchange", The 5th Triple Helix Conference. Turin.
43. MAROTO, A.; GARCÍA, A. (2004): El fenómeno de la incubación de empresas y los CEEIs. (Documento de trabajo, 4). Universidad e Alcalá de Henares, Instituto Universitario de Análisis Económico y Social (SERVILAB).
44. MATKIN, G.W. (1990): Technology Transfer and the University. New York: Macmillan.
45. MONTÁÑEZ, B.Y. (2006): "Factores condicionantes de la creación de spin-off universitarias: un estudio exploratorio", III Jornada de Pre-comunicaciones a Congresos de Economía y Administración de Empresas. Barcelona.
46. NICOLAOU, N.; BIRLEY, S. (2003): "Academic Networks in a Trichotomous Categorisation of University Spinouts", Journal of Business Venturing, vol.18 (3), pp. 333-359.
47. OH, C.H.; RICH, R.F. (1996): "Explaining Use of Information in Public Policymaking", Knowledge and Policy, vol.9, pp. 3-35.
48. ORSENIGO, L. (1989): The Emergence of Biotechnology. Institutions and Markets in Industrial Innovation. New York: St. Martin's Press.
49. O'SHEA, R.P.; ALLEN, T.J.; CHEVALIER, A.; ROCHE, F. (2005): "Entrepreneurial Orientation, Technology Transfer and Spin-Off Performance of U.S. Universities", Research Policy, vol.34 (7), pp. 994-1009.
50. OWEN-SMITH, J.; POWELL, W. (2003): "The Expanding Role of University Patenting in the Life Sciences: Assessing the Importance of Experience and Connectivity", Research Policy, vol.32 (9), pp. 1695-1711.
51. PENROSE, E.T. (1959): The Theory of the Growth of the Firm. New York: Wiley.
52. PETERAF, M.A. (1993): "The Cornerstones of Competitive Advantage: A Resource-Based View", Strategic Management Journal, vol.14 (3), pp. 179-191.
53. PODOLNY, J.M.; STUART, T.E. (1995): "A Role-Based Ecology of Technological Change", American Journal of Sociology, vol.100 (5), pp. 1224-1260.
54. POWERS, J.; MCDOUGALL, P. (2005): "University Start-Up Formation and Technology Licensing with Frms that go Public: A Resource Based View of Academic Entrepreneurship", Journal of Business Venturing, vol.20 (3), pp. 291-311.
55. PUENTE, F. DE LA; MARTÍNEZ, C.; EQUIZA, S.; MATA, F.J. (2000): La relación entre OTRI y el mercado. Newbook.
56. ROBERTS, E.B.; MALONE, D.E. (1996): "Policies and Structures for Spinning off New Companies from Research and Development Organizations", R & D Management, vol.26, pp. 17-48.
57. ROTHAERMEL, F.T; AGUNG, S.D; JIANG, L. (2006): "University Entrepreneurship: A Taxonomy Of The Literature", 2006 Technology Transfer Society Conference. Atlanta.
58. SCHUMPETER, J. (1934): Theory of Economic Development: And Inquiry Into Profits, Capital Credit, Interest and Business Cycle. Cambridge: Harvard University.
59. SHANE, S. (2001): "Technology Regimes and New Firm Formation", Management Science, vol.47 (9), pp. 1173-1190.
60. SHANE, S. (2004a): Academic Entrepreneurship: University Spinoffs and Wealth Creation. Elgar.
61. SHANE, S. (2004b): "Encouraging University Entrepreneurship: The Effect of the Bayh-Dole Act on University Patenting in the United States", Journal of Business Venturing, vol.19 (1), pp. 127-151.
62. SIEGEL, D.S.; WALDMAN, D.A.; LINK, A.N. (1999): Assessing the Impact of Organizational Practices on the Productivity of University Technology Transfer Offices: An Exploratory Study. (NBER Working Paper, 7256).
63. SIEGEL, D.S.; WALDMAN, D.; ATWATER, L.; LINK, A.N. (2003): "Commercial Knowledge Transfers from Universities to Firms: Improving the Effectiveness of University-Industry Collaboration", Journal of High Technology Management Research, vol.14, pp. 111-133.
64. SNOW, C.P. (1959): The Two Cultures and the Scientific Revolution. Cambridge University Press.
65. TEECE, D. (1987): "Profiting from Technological Innovation: Implications for Integration, Collaborating, Licensing, and Public Policy", en D. Teece [ed.]: The Competitive Challenge. New York: Harper Collins.
66. TEECE, D.J.; PISANO, G.; SHUEN, A. (1997): "Dynamic Capabilities and Strategic Management", Strategic Management Journal, vol.18 (7), pp. 509-533.
67. THURSBY, J.G.; KEMP, S. (2002): "Growth and Productive Efficiency of University Intellectual Property Licensing", Research Policy, vol.31 (1), pp. 109-124.
68. VECIANA, J.M. (1999): "Creación de empresas como programa de investigación científica", Revista Europea de Dirección y Economía de la Empresa, vol.8 (3), pp.11-36.
69. VERBEEK, M. (2004): A Guide to Modern Econometrics. Wiley.
70. VOHORA, A.; WRIGHT, M.; LOCKETT, A., (2004): "Critical Junctures in the Development of University High-Tech Spinout Companies", Research Policy, vol.33, pp. 147-175
71. WERNERFELT, B. (1984): "A Resource-Based View of the Firm", Strategic Management Journal, vol.5, pp. 171-180.
72. WERNERFELT, B. (1995): "The Resource-Based View of the firm: Ten Years After", Strategic Management Journal, vol.16 (3), pp. 171-174.
73. WRIGHT, M.; VOHORA, A.; LOCKETT, A. (2004): "The Formation of High-Tech University Spinouts: The Role of Joint Ventures and Venture Capital Investors", Journal of Technology Transfer, vol.29 (3-4), pp. 287-310.
74. ZUCKER, L.; DARBY, M.; BREWER, M. (1998): "Intellectual Human Capital and the Birth of US Biotechnology Enterprises", American Economic Review, vol.88 (1), pp. 290-306.