Academic Spin-Offs in Italy: An Analysis of Governance Models and Performance

Donato Iacobucci (), Alessandra Micozzi () and Giacinto Micucci

L'industria, 2013, issue 4, 761-784

Abstract: The paper aims to provide an overview of the phenomenon of university spin-offs in Italy.Academics spin-offs constitute one of the ways in which knowledge developed in universitiesand public research institutions transfer into the productive sector. Differently from othermodes of technology transfer they are characterized by the direct involvement of researchersand the support of the parent institution. The possibility for university and research institutionsto authorize spin-offs was introduced in Italy in 1999. Up to 2012 nearly 750 spin-offs wereset up in Italy. They registered a high survival rate and, overall, a good financial performance.However, the spin- offs that have shown significant growth rates are just a few. Very often thespin-off is used to facilitate the supply of advanced services developed within the universityrather than developing new products and services. The paper also analyse the ownership structureof spin-offs and other factors affecting their growth performance.

Keywords: Academic Spin-Offs; Technology Transfer; Firm Governance; Firms Growth; Italy (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1430/75699 (application/pdf)
https://www.rivisteweb.it/doi/10.1430/75699 (text/html)
Access to full text is restricted to subscribers

Related works:
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:mul:j0hje1:doi:10.1430/75699:y:2013:i:4:p:761-784

Access Statistics for this article

L'industria is currently edited by Patrizio Bianchi

More articles in L'industria from Società editrice il Mulino
Bibliographic data for series maintained by ().