Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/122308
Authors: 
Slavtchev, Viktor
Göktepe-Hultén, Devrim
Year of Publication: 
2015
Series/Report no.: 
IWH Discussion Papers 16/2015
Abstract: 
We empirically analyze whether support by the parent organization in the early (nascent and seed) stage speeds up the process of commercialization and helps spin-offs from public research organizations generate first revenues sooner. To identify the impact of support by the parent organization, we apply multivariate regression techniques as well as an instrumental variable approach. Our results show that support in the early stage by the parent organization can speed up commercialization. Moreover, we identify two distinct channels - the help in developing a business plan and in acquiring external capital - through which support by the parent organization can enable spin-offs to generate first revenues sooner.
Subjects: 
academic entrepreneurship
support
TTO
commercialization
time to market
JEL: 
L26
M13
O31
O32
O33
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
546.97 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.