Universities and the success of entrepreneurial ventures: evidence from the small business innovation research program

Donald Siegel and Charles Wessner ()

The Journal of Technology Transfer, 2012, vol. 37, issue 4, 404-415

Abstract: There has been little direct, systematic empirical analysis of the role that universities play in enhancing the success of entrepreneurial ventures. We attempt to fill this gap by analyzing data from the US SBIR program, a “set-aside” program that requires key federal agencies (e.g., Department of Defense) to allocate 2.5% of their research budget to small firms that attempt to commercialize new technologies. Based on estimation of Tobit and negative binomial regressions of the determinants of commercial success, we find that start-ups with closer ties to universities achieve higher levels of performance. Copyright Springer Science+Business Media, LLC 2012

Keywords: University technology transfer; Small business innovation research program (SBIR); Commercialization; Entrepreneurship; M13; O31; O32; O38 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10961-010-9186-3 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Universities and the Success of Entrepreneurial Ventures: Evidence from the Small Business Innovation Research Program (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:37:y:2012:i:4:p:404-415

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10961/PS2

DOI: 10.1007/s10961-010-9186-3

Access Statistics for this article

The Journal of Technology Transfer is currently edited by Albert N. Link, Donald S. Siegel, Barry Bozeman and Simon Mosey

More articles in The Journal of Technology Transfer from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().