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Voodoo institution or entrepreneurial university? The role of spin-out companies in the entrepreneurial system

Harrison, Richard and Leitch, Claire (2010) Voodoo institution or entrepreneurial university? The role of spin-out companies in the entrepreneurial system. Regional Studies, 44 (9). pp. 1241-1262. ISSN 0034-3404

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    Abstract

    University spin-off companies occupy a prominent position in both government and university policies and aspirations for the commercialization of university research for economic benefit at regional and national levels. However, most university spin-off companies start small and remain small, reflecting founder aspirations, capabilities, and resource endowments. Based on detailed analysis of university spin-offs in Northern Ireland, it is concluded that these companies are technology lifestyle businesses not dynamic high-growth potential start-ups, and it is suggested that the prominence given to spin-offs in the analysis of technology transfer and in discussions of the economic impacts of universities is misplaced.

    Item Type: Article
    Journal or Publication Title: Regional Studies
    Subjects: H Social Sciences > HB Economic Theory
    Departments: Lancaster University Management School > Management Learning & Leadership
    ID Code: 55479
    Deposited By: ep_importer_pure
    Deposited On: 29 Jun 2012 09:34
    Refereed?: Yes
    Published?: Published
    Last Modified: 09 Apr 2014 23:42
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/55479

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