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University spin-offs and triple helix dynamics in regional innovation ecosystems: a comparison of technology intensive start-ups in Sweden

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  • Jonas Gabrielsson
  • Diamanto Politis
  • Anders Billström

Abstract

This study offers novel insights into how university spin-offs contribute to triple helix dynamics and the evolutionary processes of industrial renewal in regional innovation ecosystems. We analyse three groups of technology intensive start-ups: university spin-offs, corporate spin-offs, and independent technology start-ups. We compare and analyse various characteristics, functions, and processes among the three groups using primary data from a questionnaire survey conducted at 341 young firms operating in two technology intensive sectors in Sweden. Our findings suggest that university spin-offs differ from the other two groups with respect to their contribution to triple helix dynamics in regional innovation ecosystems. University spin-offs cooperate more closely with universities, conduct more in-house R%D, purchase more R%D services, and offer more innovative products/services in the introduction stage of their industry life cycles.

Suggested Citation

  • Jonas Gabrielsson & Diamanto Politis & Anders Billström, 2019. "University spin-offs and triple helix dynamics in regional innovation ecosystems: a comparison of technology intensive start-ups in Sweden," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 21(3/4), pages 362-381.
  • Handle: RePEc:ids:gbusec:v:21:y:2019:i:3/4:p:362-381
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    Cited by:

    1. Călin S. Vac & Ileana Andreica & Ioana A. Roman, 2023. "Prospects for Research, Development, Innovation and Technology Transfer in Romanian Horticulture," Sustainability, MDPI, vol. 15(13), pages 1-26, June.

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