Entrepreneurial Academics and Regional Innovation Systems: The Case of Spin-Offs from London's Universities

Helen Lawton Smith, Dave Chapman, Peter Wood, Timothy Barnes and Saverio Romeo
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Dave Chapman: Management Science and Innovation, University College London, Gower Street, London WC1E 6BT, England
Peter Wood: Department of Geography, University College London, Gower Street, London WC1E 6BT, England
Timothy Barnes: UCL Advances, University College London, Gower Street, London WC1E 6BT, England
Saverio Romeo: Department of Management, Birkbeck, University of London, Malet Street, London WC1E 7HX, England

Environment and Planning C, 2014, vol. 32, issue 2, 341-359

Abstract: In this paper we explore the spin-off process from London's universities using a regional innovation systems (RIS) framework. We examine the pattern of spin-offs in the context of changes in institutional support systems, both within the universities and in the London region. The majority of the university-related spin-offs are small and medium-sized enterprises concentrated in biomedical sectors, as elsewhere. However, over a third have left London. We explore these patterns, the implications for understanding the role of universities in RIS, and consequent policy implications.

Keywords: entrepreneurial academics; university spin-offs; regional innovation systems; London (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:envirc:v:32:y:2014:i:2:p:341-359

DOI: 10.1068/c11159b

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