Policy principles for the creation and success of corporate and academic spin-offs

V.A. Gilsing, E. van Burg, A.G.L. Romme

Research output: Contribution to journalArticleScientificpeer-review

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Abstract

Following a design science approach, this paper develops a framework of policy design principles for fostering technology entrepreneurship in a region. These principles are grounded in research findings and describe the factors and causal mechanisms that explain the founding and success rates of both corporate and academic spin-offs. We differentiate between principles that serve the creation of spinoffs versus those focusing on their subsequent chances of success. We provide an in-depth empirical application of this framework to spin-off policy in the regions of Eindhoven and Leuven. This application of the framework serves to assess the extent to which standing spin-off policy in both regions is (1) upto-date, (2) comprehensive as well as (3) sufficiently robust against ‘policy fashions’. Several directions for redesigning spin-off policy follow from this assessment.
Original languageEnglish
Pages (from-to)12-23
Number of pages12
JournalTechnovation
Volume30
Issue number1
Publication statusPublished - 2010

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    Gilsing, V. A., van Burg, E., & Romme, A. G. L. (2010). Policy principles for the creation and success of corporate and academic spin-offs. Technovation, 30(1), 12-23.