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Title
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Policy principles for the creation and success of corporate and academic spin-offs
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Author
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Abstract
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| Following a design science approach, this paper develops a framework of policy design principles for fostering technology entrepreneurship in a region. These principles are grounded in research findings and describe the factors and causal mechanisms that explain the founding and success rates of both corporate and academic spin-offs. We differentiate between principles that serve the creation of spinoffs versus those focusing on their subsequent chances of success. We provide an in-depth empirical application of this framework to spin-off policy in the regions of Eindhoven and Leuven. This application of the framework serves to assess the extent to which standing spin-off policy in both regions is (1) up-to-date, (2) comprehensive as well as (3) sufficiently robust against 'policy fashions'. Several directions for redesigning spin-off policy follow from this assessment. (C) 2009 Elsevier Ltd. All rights reserved. |
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Language
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English
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Source (journal)
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Technovation / Union Carbide. Chemicals Division. - Calcutta
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Publication
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Calcutta
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2010
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ISSN
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0166-4972
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DOI
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10.1016/J.TECHNOVATION.2009.07.004
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Volume/pages
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30
:1
(2010)
, p. 12-23
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ISI
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000272918800002
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Full text (Publisher's DOI)
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Full text (publisher's version - intranet only)
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