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AAK - Acta academica karviniensia

číslo 2017/1
UNIVERSITY SPIN-OFF COMPANIES IN EUROPE: THE FACTORS AND POLICIES INFLUENCING THEIR FORMATION
[Univerzitné spin-off spoločnosti v Európe: faktory a politiky ovplyvňujúce ich vznik]
ISSN:
1212-415X (Print)
2533-7610 (Online)
Year [Rok]:
2017
Volume [Ročník]:
XVII
Issue [Číslo]:
1
Authors [Autoři]:
Ján Huňady, Peter Pisár
Abstract [Abstrakt]:
The formation of university-spin off is seen as a potential tool for the transfer of knowledge and technology. University spin-off firms are able to transform the knowledge accumulated in research into its practical application and commercialization. Despite this fact, the formation of university spin-off is still rather rare phenomenon in many European countries. In our paper, we provide several examples of good practice in central European countries. Moreover, the paper aims to examine factors that could potentially affect the formation of university spin-offs in European countries. We applied logit and probit regression analysis based on empirical data for 2465 universities in Europe retrieved from European Tertiary Education Register database. Our results suggest that those universities, which are neither focused on many different fields of study, nor highly specialized are less often involved in creating the university spin-off. Furthermore, intensity of PhD study, the share of tuition fees as well as a number of foreign students appears to be other factors affecting the probability of forming a university spin-off. Our results also bring several policy implications for tertiary education policy, which are summarized in the conclusion.
Keywords [Klíčová slova]:
central Europe, knowledge, spin-out, technology, university spin-off
JEL classification [JEL klasifikace]:
O33, I23, M13
Page range [Rozpětí stran]:
28 - 40
Full version [Plná verze]: