Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24729 
Year of Publication: 
2008
Series/Report no.: 
ZEW Discussion Papers No. 08-034
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
For academic spin-offs I analyze the length of time between the founder's leaving of academia and the establishment of his firm. Technology transfer can take place even years after leaving the mother institution. A duration analysis reveals that a longer time-lag is caused by the necessity of assembling complementary skills, either by acquisition by a single founder or by searching for suitable team members. Furthermore, new ventures are established earlier if the intensity of technology transfer is high, the founders have access to university infrastructure, or received informal support by former colleagues.
Subjects: 
academic spin-offs
technology transfer
skill complementarities
JEL: 
L26
J24
C41
M13
Document Type: 
Working Paper

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