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Titel
Support for public research spin-offs by the parent organizations and the speed of commercialization / Viktor Slavtchev; Devrim Göktepe-Hultén
VerfasserSlavtchev, Viktor ; Göktepe-Hultén, Devrim
ErschienenHalle (Saale) : Leibniz-Inst. für Wirtschaftsforschung - IWH, 2015 ; Halle, Saale : Universitäts- und Landesbibliothek Sachsen-Anhalt, 2015
UmfangOnline-Ressource (PDF-Datei: III, 29 S., 0,53 MB)
SpracheEnglisch
SerieIWH-Diskussionspapiere ; 2015,16
URNurn:nbn:de:gbv:3:2-48659 
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Support for public research spin-offs by the parent organizations and the speed of commercialization [0.53 mb]
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We empirically analyze whether support by the parent organization in the early (nascent and seed) stage speeds up the process of commercialization and helps spin-offs from public research organizations generate first revenues sooner. To identify the impact of support by the parent organization we apply multivariate regression techniques as well as an instrumental variable approach. Our results show that support in the early stage by the parent organization can speed up commercialization. Moreover we identify two distinct channels – the help in developing a business plan and in acquiring external capital – through which support by the parent organization can enable spin-offs to generate first revenues sooner.