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) |
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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 |
Keywords
- Technology transfer office (TTO)
- University entrepreneurship
- University spin-offs
ASJC Scopus subject areas
- Strategy and Management
- Management Science and Operations Research
- Management of Technology and Innovation