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Academic Prestige and Entrepreneurship: Differences and Similarities in UK Universities

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  • Ismael P. Soler

    (Department of Applied Economics (Statistics and Econometrics), University of Málaga, Málaga, Spain)

  • Pilar López-Delgado

    (Department of Applied Economics (Statistics and Econometrics), University of Málaga, Málaga, Spain)

Abstract

Understanding how academia and industry operate and relate to each other is core to improving the efficiency of the entrepreneurial ecosystem. Reason why, this paper focuses on whether university prestige has a homogeneous effect on university entrepreneurship. Specifically, whether the relationship between academic prestige and entrepreneurship varies according to the nature of the firm, digital or not, or according to the size of the entrepreneurial partner. To answer this question, this paper uses a negative binomial regression model with panel data with respect to the number of intellectual property (IP) licences granted by the university, using mainly data from the Higher Education Statistics Agency. The results suggest that although university prestige affects the number of IP licences granted, its effect ceases to be significant when the nature of the licences is digital. Moreover, we cannot claim that the influence of prestige is greater when the licencee is a small company.

Suggested Citation

  • Ismael P. Soler & Pilar López-Delgado, 2024. "Academic Prestige and Entrepreneurship: Differences and Similarities in UK Universities," Journal of Information Economics, Anser Press, vol. 2(2), pages 57-77, June.
  • Handle: RePEc:bba:j00008:v:2:y:2024:i:2:p:57-77:d:357
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    References listed on IDEAS

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    1. Timo Kleiner-Schaefer & Kerstin J. Schaefer, 2022. "Barriers to university–industry collaboration in an emerging market: Firm-level evidence from Turkey," The Journal of Technology Transfer, Springer, vol. 47(3), pages 872-905, June.
    2. Abreu, Maria & Grinevich, Vadim, 2013. "The nature of academic entrepreneurship in the UK: Widening the focus on entrepreneurial activities," Research Policy, Elsevier, vol. 42(2), pages 408-422.
    3. Van Looy, Bart & Landoni, Paolo & Callaert, Julie & van Pottelsberghe, Bruno & Sapsalis, Eleftherios & Debackere, Koenraad, 2011. "Entrepreneurial effectiveness of European universities: An empirical assessment of antecedents and trade-offs," Research Policy, Elsevier, vol. 40(4), pages 553-564, May.
    4. Simone Ferriani & Elizabeth Garnsey & Gianni Lorenzoni, 2012. "Continuity and change in a spin-off venture: the process of reimprinting," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 21(4), pages 1011-1048, August.
    5. Kleiner-Schaefer, Timo & Schaefer, Kerstin J., 2022. "Barriers to university–industry collaboration in an emerging market: firm-level evidence from Turkey," LSE Research Online Documents on Economics 113840, London School of Economics and Political Science, LSE Library.
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