10_BSR_Vol_10_No_1_pp_138_152_doi_0010.pdf (863.94 kB)
What matters: The Formation of University Spin-offs in Europe
journal contribution
posted on 2019-04-18, 15:31 authored by Jan HunadyJan Hunady, Marta Orviska, Peter PisarBackground: Transfer of knowledge from academia to business is one of the crucial issues for creating innovation. Creation of university spin-offs could significantly improve this transfer.
Objectives: The main scientific aim is to examine the differences between universities in European countries and identify factors affecting the probability of creating the university spin-off. The paper is also focused on the differences in the specialization and financial sources of universities.
Methods/Approach: We compare selected indicators for higher education institutions in European countries and examine potential determinants affecting the probability of academic spin-off formation. With respect to the main aim, the logit and probit regression analyses have been used.
Results: Our results show that the creation of spin-offs is typical on the one hand for highly specialized universities or on the other hand for universities with a wide variety of study programs. They should also have an optimum number of doctoral students and have mostly less funding from tuition fees.
Conclusions: Several indicators appear to play an important role in the formation of university spin-off. These indicators are the level of specialization, the share of tuition fees in the University budget, and the share of Ph.D. and foreign students.
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- Education policy
- Other education not elsewhere classified
- Economics of education
- Education systems not elsewhere classified
- Educational administration, management and leadership
- Higher education
- Specialist studies in education not elsewhere classified
- Other economics not elsewhere classified
- Public economics - publicly provided goods
- Socio-economic development
- Urban and regional economics
- Panel data analysis
- Science, technology and engineering curriculum and pedagogy
- Other commerce, management, tourism and services not elsewhere classified
- Entrepreneurship
- Organisation and management theory
- Organisational behaviour
- Organisational planning and management
Keywords
Spin-offsspin-offsAcademic Spin-offsuniversity spin-offsuniversitiesuniversitycharacteristics of univeristyuniversity educationhigher educationspin-outresearch capabilitiesresearch communityresearch commercialisationCommercialisationInnovations Diffusioninnovation systemsresearch and development (R&D) collaborationResearch Cooperative Systemresearch contributionsresearch authoritiesresearch disseminationcommercialisation of knowledgepatentsresearch projectsresearch policy toolAcademic successAcademic outputsacademic inventorsuniversity fundingAcademic outcomesHigher education policyHigh education businessHigher Educational InstitutionsHigher Educational Institutionhigher education studieshigher education policyhigher education administrationhigher educational establishmentresearch funding modelsresearch fundingacademiaResearch and development (R&D)knowledge transmission strategyTechnology transfer.universities in the EUspin-off formationDoctoral studentshigher education fundingTuition feestuition feesspecialisation of educationuniversity budgetcommercial activities of universitiesresearch Outputs ManagementResearch Outputsacademic businessAcademic PerformanceAcademic Research LaboratoriesEducation PolicyEducationEconomics of EducationEducation systems not elsewhere classifiedEducation not elsewhere classifiedEducational Administration, Management and LeadershipHigher EducationSpecialist Studies in Education not elsewhere classifiedEconomicsPublic Economics- Publically Provided GoodsEconomic Development and GrowthEconomics not elsewhere classifiedUrban and Regional EconomicsPanel Data AnalysisScience PolicyBusiness and Management not elsewhere classifiedEntrepreneurshipOrganisation and Management TheoryOrganisational BehaviourOrganisational Planning and Management
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