A chip off the old block: Case studies of university influence on academic spin-offs

Abstract

Spin-offs are an important aspect of the process of technology transfer from academia to the business sector. A key issue in the study of the spin-off formation process is the influence of the parent research organization on the profile of the spin-offs that are created. Following this direction, our study seeks to analyze how the previous academic trajectory of the founding team affects the business model and performance of academic spin-offs. We performed our analysis drawing on a resource-based view and a business model perspective. Our findings show that the spin-offs inherit their initial resource base from the academic environment and that the business model adopted by these companies is influenced by their initial resource base.

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