Conceptualising the Heterogeneity of Research-Based Spin-Offs: A Multi-Dimensional Taxonomy
Posted: 9 Nov 2009
Date Written: March 2006
Research-based spin-offs (RBSOs) have become an important aspect of the technology transfer process. Emanating from what is conventionally a non-commercial environment, RBSOs pose major challenges if they are to realise their potential to meet the objectives of their founders and the parent research organisations (PROs) from which they emerge. An important issue is to understand the heterogeneity of RBSOs. This paper reviews the literature on RBSO typologies to develop a taxonomy of RBSOs. We identify common themes in relation to these typologies in relation to (1) spin-off creation and (2) spin-off development. The dimensions that differentiate between firms are the type of resources, the business model and the institutional link. We identify gaps in current typologies in order to propose avenues for future conceptual and empirical research.
Keywords: Academic research, Technology transfer, Commercialization, University spinouts, Public research organizations, Colleges & universities, Technology based firms, Firm gestation, Firm growth, Public policies, Firm strategies, Innovation process
Suggested Citation: Suggested Citation