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Are public research spin-offs more innovative?

The main purpose of this paper is to analyse whether research spin-offs, that is, spin-offs from either public research institutes or universities, have greater innovation capabilities than comparable knowledge-intensive firms created in other ways. Using a sample of about 2,800 firms from highly i...

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Bibliographic Details
Main Author: Stephan, Andreas
Format: Article
Language:English
Published: 2014
Subjects:
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100 |a Stephan, Andreas 
245 |a Are public research spin-offs more innovative?  |c Stephan, Andreas. 
260 |c 2014 
300 |a 353 - 368 
520 |a The main purpose of this paper is to analyse whether research spin-offs, that is, spin-offs from either public research institutes or universities, have greater innovation capabilities than comparable knowledge-intensive firms created in other ways. Using a sample of about 2,800 firms from highly innovative sectors, propensity score matching is used to create a sample group of control firms that is comparable to the group of spin-offs. The article provides evidence that the 121 research spin-offs investigated have more patent applications and more radical product innovations, on average, compared to similar firms. The results also show that research spin-offs 
650 |a Public R&D Subsidies 
650 |a Cooperation 
650 |a Location Factors 
650 |a Propensity Score Matching 
650 |a Innovation Performance 
650 |a Spin-Offs 
650 |a Spin-Off Entrepreneurship 
773 |a Small Business Economics  |d August 
999 |c 41692  |d 41692