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Autor:innen: 
Slavtchev, Viktor
Göktepe-Hultén, Devrim
Datum: 
2015
Schriftenreihe/Nr.: 
IWH Discussion Papers No. 16/2015
Verlag: 
Leibniz-Institut für Wirtschaftsforschung Halle (IWH), Halle (Saale)
Zusammenfassung: 
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.
Schlagwörter: 
academic entrepreneurship
support
TTO
commercialization
time to market
JEL: 
L26
M13
O31
O32
O33
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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