Support for public research spin-offs by the parent organizations and the speed of commercialization
(2016) In Journal of Technology Transfer 41(6). p.1507-1525- Abstract
We empirically analyze whether support by the parent organization in the early (nascent and seed) stage speeds up the process of commercialization and helps spin-offs from public research organizations generate first revenues sooner. To identify the impact of support by the parent organization, we apply multivariate regression techniques as well as an instrumental variable approach. Our results show that support in the early stage by the parent organization can speed up commercialization. Moreover, we identify two distinct channels—the help in developing a business plan and in acquiring external capital—through which support by the parent organization can enable spin-offs to generate first revenues sooner.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/7afffce7-0cd0-41fc-a10f-7bddb3533597
- author
- Slavtchev, Viktor and Göktepe-Hultén, Devrim LU
- organization
- publishing date
- 2016-12-01
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Academic entrepreneurship, Commercialization, Support, Time to market, TTO
- in
- Journal of Technology Transfer
- volume
- 41
- issue
- 6
- pages
- 19 pages
- publisher
- Kluwer Academic Publishers
- external identifiers
-
- scopus:84944704478
- wos:000387231700013
- ISSN
- 0892-9912
- DOI
- 10.1007/s10961-015-9443-6
- language
- English
- LU publication?
- yes
- id
- 7afffce7-0cd0-41fc-a10f-7bddb3533597
- date added to LUP
- 2016-11-18 13:27:02
- date last changed
- 2025-04-04 14:05:30
@article{7afffce7-0cd0-41fc-a10f-7bddb3533597,
abstract = {{<p>We empirically analyze whether support by the parent organization in the early (nascent and seed) stage speeds up the process of commercialization and helps spin-offs from public research organizations generate first revenues sooner. To identify the impact of support by the parent organization, we apply multivariate regression techniques as well as an instrumental variable approach. Our results show that support in the early stage by the parent organization can speed up commercialization. Moreover, we identify two distinct channels—the help in developing a business plan and in acquiring external capital—through which support by the parent organization can enable spin-offs to generate first revenues sooner.</p>}},
author = {{Slavtchev, Viktor and Göktepe-Hultén, Devrim}},
issn = {{0892-9912}},
keywords = {{Academic entrepreneurship; Commercialization; Support; Time to market; TTO}},
language = {{eng}},
month = {{12}},
number = {{6}},
pages = {{1507--1525}},
publisher = {{Kluwer Academic Publishers}},
series = {{Journal of Technology Transfer}},
title = {{Support for public research spin-offs by the parent organizations and the speed of commercialization}},
url = {{http://dx.doi.org/10.1007/s10961-015-9443-6}},
doi = {{10.1007/s10961-015-9443-6}},
volume = {{41}},
year = {{2016}},
}