Firm creation in universities: a resource based view

Abstract

Firm creation is used by universities not only to transfer technology to society but also to contribute to the development of the regional economy. However, due to the relatively recent character of the phenomenon of the university spin-offs, the empirical studies are not plentiful on the topic. From a resource based view, this paper analyses what universities' resources have an influence on the spin-off creation. We find that financial and institutional resources are significantly positively associated with university entrepreneurship.