1,721,004 research outputs found

    Academic spinoffs and regional development: new insights for future research

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    Although the literature on University-Industry knowledge transfer has rapidly expanded in the past decades, the contribution of higher education institutions to regional development has gone under the radar, with even less attention paid to the relationship between academic spinoffs and regional development. We argue that it is time to take stock of the current knowledge on the topic and to provide directions for future research which can guide policy making decisions. To accomplish this, we speculate on how academic spinoffs can contribute to regional economic development and survey the existing evidence on this relationship. More importantly, we highlight two major research streams which can contribute to this area of study: (i) the empirical economics of management and (ii) hybrid organisations. We contend that a better understanding of these two lines of research can prove useful in guiding future research on the contribution of higher education institutions to regional development. We conclude by indicating some of the research directions.Aunque la literatura sobre la transmisión de conocimientos entre la universidad y la industria ha aumentado en las últimas décadas, la contribución de las instituciones de enseñanza superior al desarrollo regional ha pasado desapercibida e, incluso, se ha prestado menos atención a la relación entre las spin-offs universitarias y el desarrollo regional. Sostenemos que ha llegado el momento de evaluar los conocimientos actuales sobre el tema y ofrecer directrices para futuros estudios que puedan servir de guía a la hora de tomar decisiones sobre formulación de políticas. Para ello, especulamos sobre cómo las spin-offs universitarias pueden contribuir al desarrollo económico regional y estudiar las pruebas existentes de esta relación. Y lo que es más significativo, resaltamos dos importantes corrientes de investigación que pueden contribuir a esta área de estudio: (i) la economía empírica de gestión y (ii) las organizaciones híbridas. Sostenemos que una mejor comprensión de estas dos líneas de investigación puede resultar útil en futuros estudios sobre la contribución de las instituciones de enseñanza superior al desarrollo regional y concluimos indicando algunas directrices de investigación

    Sources and characteristics of software patents in the European Union: some empirical considerations

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    Software patenting is an increasingly important phenomenon in the European Union. Using a novel database of more than 30,000 software patents granted to both European and Non-European companies, we investigate the relevant factors explaining firm-level software patenting at the European Patent Office. We find that software patents are mainly applied for by American and Japanese firms, that they are characterised by a higher than average length of the granting procedure and that firms belonging to the software sector generally do not apply for them. Finally, results from non-linear panel data estimation reveal that patents are not deemed as useful appropriability instruments by software firms and that a “threat effect” by hardware firms is growing in importance. This last result is in line with recent developments in the literature relative to strategic patenting

    Academic spin-offs: counting beans or extracting value?

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    We argue that current approaches do not take into full account the process through which Universities create new spin-offs. Instead, we claim that the overall process through which these arrangements impact on spin-offs’ performance can vary considerably and that this process should be interpreted in terms of University-level managerial practices in place for the creation and development of University spinoffs. Managerial practices are likely to play an important role in explaining the systematic difference in performance across spinoffs spun from different Universities. We rely on a longitudinal dataset comprising more than 800 Italian University spin-offs observed over the period 2000-2011 and additional data collection via questionnaires and semi-structured interviews to 68 Italian University TTOs. The scope is to juxtapose the above issues and to begin to uncover the black box of “managerial practices – spinoff creation/performance” in terms of antecedents and impact of a range of managerial activities not adequately covered by the extant literature. The results of this paper should therefore contribute to fill an important gap in the existing literature on university-industry knowledge transfer and academic entrepreneurship. Implications would inform policy makers and university managers about how to direct investments

    Coexistence and market tipping in a diffusion model of open source vs. proprietary software

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    A large number of studies has been canvassed by the growing rates of diffusion of Open Source Software. However, a formal analysis of the process of competition between open-source and proprietary software is still missing. We propose an epidemic model of innovation diffusion to deal with the different factors (profits for proprietary software and developers’ motivations for open-source software) upon which such a process of competition ultimately depends. Moreover, we add network effects and switching costs, together with the endogenisation of the parameters of the speed of diffusion influencing the final outcome. We show the conditions for an asymptotically stable equilibrium to exist, where both softwares coexist. When the propagation coefficient is endogenous, winner-take-all solutions are also likely. sts for one software increases the number of its adopters, while reducing that of the other one. If the negative network effects increase for one of the two softwares, then the equilibrium level of users of that software decreases
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