Abstract
We consider the managerial and policy implications of the rise of spin-offs at public research institutions (PRIs), based on a knowledge-based view (KBV) of the firm. This framework highlights the importance of knowledge in the creation and development of spin-offs. We argue that in order to understand the development of spin-offs, researchers should focus on "knowledge gaps" these new ventures encounter. Knowledge gaps can occur at different levels of aggregation, including the PRI, spin-off, team, individual, incubator, and at different stages of spin-off development. Based on this framework, we synthesize findings from previous studies and papers in the special issue and offer some suggestions for additional research on spin-offs from PRIs.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 981-993 |
| Number of pages | 13 |
| Journal | Research Policy |
| Volume | 34 |
| Issue number | 7 |
| DOIs | |
| State | Published - Sep 1 2005 |
| Externally published | Yes |
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Keywords
- Technology transfer office (TTO)
- University entrepreneurship
- University spin-offs
ASJC Scopus subject areas
- Engineering(all)
- Strategy and Management
- Management Science and Operations Research
- Management of Technology and Innovation
Cite this
The creation of spin-off firms at public research institutions : Managerial and policy implications. / Lockett, Andy; Siegel, Donald; Wright, Mike; Ensley, Michael D.
In: Research Policy, Vol. 34, No. 7, 01.09.2005, p. 981-993.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - The creation of spin-off firms at public research institutions
T2 - Managerial and policy implications
AU - Lockett, Andy
AU - Siegel, Donald
AU - Wright, Mike
AU - Ensley, Michael D.
PY - 2005/9/1
Y1 - 2005/9/1
N2 - We consider the managerial and policy implications of the rise of spin-offs at public research institutions (PRIs), based on a knowledge-based view (KBV) of the firm. This framework highlights the importance of knowledge in the creation and development of spin-offs. We argue that in order to understand the development of spin-offs, researchers should focus on "knowledge gaps" these new ventures encounter. Knowledge gaps can occur at different levels of aggregation, including the PRI, spin-off, team, individual, incubator, and at different stages of spin-off development. Based on this framework, we synthesize findings from previous studies and papers in the special issue and offer some suggestions for additional research on spin-offs from PRIs.
AB - We consider the managerial and policy implications of the rise of spin-offs at public research institutions (PRIs), based on a knowledge-based view (KBV) of the firm. This framework highlights the importance of knowledge in the creation and development of spin-offs. We argue that in order to understand the development of spin-offs, researchers should focus on "knowledge gaps" these new ventures encounter. Knowledge gaps can occur at different levels of aggregation, including the PRI, spin-off, team, individual, incubator, and at different stages of spin-off development. Based on this framework, we synthesize findings from previous studies and papers in the special issue and offer some suggestions for additional research on spin-offs from PRIs.
KW - Technology transfer office (TTO)
KW - University entrepreneurship
KW - University spin-offs
UR - http://www.scopus.com/inward/record.url?scp=24344462223&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=24344462223&partnerID=8YFLogxK
U2 - 10.1016/j.respol.2005.05.010
DO - 10.1016/j.respol.2005.05.010
M3 - Article
AN - SCOPUS:24344462223
VL - 34
SP - 981
EP - 993
JO - Research Policy
JF - Research Policy
SN - 0048-7333
IS - 7
ER -