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Academic entrepreneurship: founding and governance determinants in university spin-off ventures

机译:学术企业家:大学分拆企业的成立和治理决定因素

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Academic research is generally seen as one of the most important goals of a university, but universities are being called upon simultaneously to assist in building a local entrepreneurial ecosystem and contributing to economic growth. Universities can be the source of startups based on academic research results and thereby influence a given industrial context. This paper investigates the impact of academic entrepreneurship on the economic performance of university spin-offs (USOs) and, in particular, how the composition of the founding team, the diversity of academic ownership, CEO duality, and the presence of women on the board of directors affect USO success. We study these relationships with a cross-sectional sample of 136 firms in southern Italy. Our findings highlight that governance and ownership can influence various indicators that are often used for measuring enterprise success in different ways and that, based on the specific success metrics, managers or policymakers should consider different aspects to better understand a USO's potential for success.
机译:学术研究通常被视为大学最重要的目标之一,但大学被同时召集,以协助建立一个当地的企业生态系统并导致经济增长。大学可以是基于学术研究结果的初创性来源,从而影响给定的工业背景。本文调查了学术创业对大学分拆经济绩效的影响,特别是创始团队的组成,学术所有权,首席执行官的多样性以及董事会上的妇女的存在董事影响USO成功。我们在意大利南部的136家公司的横断面样本研究了这些关系。我们的调查结果强调,治理和所有权可以影响通常以不同方式衡量企业成功的各种指标,并且根据具体的成功指标,管理人员或政策制定者应考虑更好地了解USO成功潜力的不同方面。

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