Little research has been done on how the relationships of academic spin-off firms with their parent university influence their ability to attract funding for innovation activities. University is undoubtedly important for young spin-offs, not only because it provides knowledge and research facilities, but also because it enables access to financial capital. We drew on a sample of 100 firms in cl...

The aim of the present work is to study the evolution of organizational knowledge within Academic Spin-off (ASO) firms throughout their life cycle. The exploitation of tacit and indivisible new knowledge developed in the context of academic institutions entails agency problems of different nature; one way to address such challenges is the creation of new business firms by the inventors. At the ...

Necessity spin-offs are organized by employees of incumbent firms to escape deteriorating job conditions. This paper proposes a conceptual model of the spin-off process. Necessity spin-offs are distinguished from opportunity spin-offs on the basis of their triggering events. An empirical analysis of German laser spin-offs traces differences in the performance and determinants of the two types o...

Purpose The aim of this paper is to provide evidence the relationship between governance structure universities and universities' knowledge transfer (KT) performance outcomes measured in terms university spin-off firms spin-offs (USOs). Design/methodology/approach board directors has been analyzed under three profiles: incidence internal belonging STEM (Science, Technology, Engineering Mathemat...