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R%D activity of university spin-offs: comparative analysis through the measurement of their economic impact

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  • Patricia P. Iglesias Sánchez
  • M. Carmen Jambrino Maldonado

Abstract

University spin-offs have become one of the main mechanisms for transferring technology from universities, so this paper measures the economic impact of their R%D activity. An indicator system was proposed, based on the recommendations of the OECD, which was validated using a factor analysis. The empirical study was performed with a sample of spin-offs from public universities and comparisons were made with the companies included in the R%D survey carried out by the Spanish National Statistics Institute (INE). The results showed that research and development activities and their results are making university spin-offs a more strategic tool than other types of companies.

Suggested Citation

  • Patricia P. Iglesias Sánchez & M. Carmen Jambrino Maldonado, 2015. "R%D activity of university spin-offs: comparative analysis through the measurement of their economic impact," International Journal of Innovation and Learning, Inderscience Enterprises Ltd, vol. 18(1), pages 45-64.
    • Handle: RePEc:ids:ijilea:v:18:y:2015:i:1:p:45-64
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