Academic spin-offs are an important mechanism to develop the regional economy and support their parent institutions. This research applies the lessons learned from an action research project focusing on the development of a model and 10 hypotheses that examine university spin-off efficiency. The formation of the academic spin-off is conceptualized to be embedded in a collective that includes entrepreneurs and those who help them transform their ideas into ventures. Ten factors organized into two constructs - idea-venture path and collective structure, are identified as determinants of academic spin-off efficiency.

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Saratov Fall Meeting 2011: Optical Technologies in Biophysics and Medicine XIII
Sprott School of Business

Hudson, D. (David), & Tanev, S. (2012). Re-inventing collectivism? Using innovation collectives to create and grow new technology firms. In Progress in Biomedical Optics and Imaging - Proceedings of SPIE. doi:10.1117/12.926971