Investigating the association between universities' corporate governance structure and the knowledge transfer performance outcomes

Stefania Veltri, Pina Puntillo and Francesca Pierri

European Journal of Innovation Management, 2022, vol. 25, issue 6, 1154-1179

Abstract: Purpose - The aim of this paper is to provide evidence of the relationship between the governance structure of universities and the universities' knowledge transfer (KT) performance outcomes measured in terms of university spin-off firms university spin-offs (USOs). Design/methodology/approach - The universities' board of directors has been analyzed under three profiles: the incidence of internal directors belonging to the STEM (Science, Technology, Engineering and Mathematics) faculties, the incidence of women directors and the incidence of external directors. Findings - The findings provide evidence of a significant and positive association, for southern Italian state universities, of the presence of university STEM directors and the establishment of university spin-offs (USOs). Originality/value - The article is original as, to the best of the authors’ knowledge, no study, except for the paper by Meoliet al.(2019), examined the governance of universities in relation to the establishment of academic spin-offs.

Keywords: Universities' corporate governance structure; STEM directors; Women directors; External directors; Knowledge transfer (KT) performance outcomes; Southern Italian state universities (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ejimpp:ejim-01-2022-0003

DOI: 10.1108/EJIM-01-2022-0003

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