R&D activity of university spin-offs: comparative analysis through the measurement of their economic impact Online publication date: Wed, 01-Jul-2015
by Patricia P. Iglesias Sánchez; M. Carmen Jambrino Maldonado
International Journal of Innovation and Learning (IJIL), Vol. 18, No. 1, 2015
Abstract: University spin-offs have become one of the main mechanisms for transferring technology from universities, so this paper measures the economic impact of their R&D activity. An indicator system was proposed, based on the recommendations of the OECD, which was validated using a factor analysis. The empirical study was performed with a sample of spin-offs from public universities and comparisons were made with the companies included in the R&D survey carried out by the Spanish National Statistics Institute (INE). The results showed that research and development activities and their results are making university spin-offs a more strategic tool than other types of companies.
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