Opening the ivory tower's door: An analysis of the determinants of the formation of U.S. university spin-off companies |
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| Authors: | Albert N Link John T Scott |
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| Institution: | a Department of Economics, University of North Carolina at Greensboro, Greensboro, NC 27412, USA
b Department of Economics, Dartmouth College, Hanover, NH 03755, USA |
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| Abstract: | This paper presents findings from an analysis of the determinants of the formation of university spin-off companies within the university's research park. We find that university spin-off companies are a greater proportion of the companies in older parks and in parks that are associated with richer university research environments. We also find that university spin-off companies are a larger proportion of companies in parks that are geographically closer to their university and in parks that have a biotechnology focus. |
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| Keywords: | University spin-offs Research park Biotechnology |
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