Original scientific paper
https://doi.org/10.1080/1331677X.2022.2086148
Determinants of universities’ spin-off creations
Michael Amponsah Odei
Petr Novak
Abstract
The idea of entrepreneurial university seeks to boost the transfer
of academic knowledge to firms and foster socio-economic development.
The main objective of this paper is to examine the various
determinants that influence universities knowledge transfer activities.
To fulfil this objective, we draw our dataset from the higher
education and business survey (HESA-BCI) conducted across the
United Kingdom in the 2017/18 academic year and the partial least
square structural equation was used. The Results demonstrated
that funding, patents, and rewards all have significant influence on
universities spin off creation. The results also showed that patents
played a significant mediating role towards universities spin off creation.
Findings of this study contribute to validating the important
factors that promotes entrepreneurial activities at universities as
well as contributing to knowledge transfer activities. The findings
have positive implications for researchers, academic entrepreneurs,
and university management aiming to exploit and commercialise
university knowledge.
Keywords
Spin offs; patents; entrepreneurial universities; knowledge transfer; collaboration; United Kingdom
Hrčak ID:
303786
URI
Publication date:
31.3.2023.
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