 The influence of government subsidies and risk capital on survival of university spin-offs: findings from 16 early stage case studiesSven H. De Cleyn and Johan Braet World Review of Entrepreneurship, Management and Sustainable Development, 2009, vol. 5, issue 4, 376-394 Abstract: Scholar research seems to confirm that the type of funding of a university spin-off venture influences these survival chances. This study aims to investigate whether the basic type of funding used for young university spin-offs influences the survival chances. The reasoning is that screening by a previously independent party such as government agencies, business angels or venture capitalists provides additional evidence on the potential of a project or venture. The preliminary results, based on 16 case studies with Belgian university spin-offs, seem to confirm that successful application for government subsidies for the development of a technology, product or business increases the likelihood of venture survival. On the other hand, access to risk capital seems not to positively influence survival chances. Keywords: university spin-offs; academic entrepreneurship; government support; government subsidies; business angels; venture capital; funding; finance; company survival; case studies; innovation management; risk capital. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:wremsd:v:5:y:2009:i:4:p:376-394 Access Statistics for this article More articles in World Review of Entrepreneurship, Management and Sustainable Development from Inderscience Enterprises Ltd |
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