Technology transfer offices as boundary spanners in the pre-spin-off process: The case of a hybrid model

Over the past decades, universities have increasingly become ambidextrous organizations reconciling scientific and commercial missions. In order to manage this ambidexterity, technology transfer offices (TTOs) were established in most universities. This paper studies a specific, often implemented, but rather understudied type of TTO, namely a hybrid TTO model uniting centralized and decentralized levels. Employing a qualitative research design, we examine how and why the two TTO levels engage in diverse boundary spanning activities to help nascent spin-off companies move through the pre-spin-off process. Our research identifies differences in the types of boundary spanning activities that centralized and decentralized TTOs perform and in the parties they engage with. We find geographical, technological and organizational proximity to be important antecedents of the TTOs’ engagement in external and internal boundary spanning activities. These results have important implications for both academics and practitioners interested in university technology transfer through spin-off creation.

The Relationship Between University Culture and Climate and Research Scientists’ Spin-off Intentions

Over the past decades, universities have increasingly become involved in entrepreneurial activities. Despite efforts to embrace their 'third mission', universities still demonstrate great heterogeneity in terms of their involvement in academic entrepreneurship. This chapter adopts an institutional perspective to understand how organizational characteristics affect research scientists' entrepreneurial intentions. We study the impact of university culture and climate on entrepreneurial intentions, thereby specifically focusing on intentions to spin off a company. Using a sample of 437 research scientists from Swedish and German universities, our results reveal that the extent to which universities articulate entrepreneurship as a fundamental element of their mission fosters research scientists' spin-off intentions. Furthermore, the presence of university role models positively affects research scientists' propensity to engage in entrepreneurial activities, both directly and indirectly through entrepreneurial self-efficacy. Finally, research scientists working at universities which explicitly reward people for 'third mission' related output show higher levels of spin-off intentions. This study has implications for both academics and practitioners, including university managers and policy makers.

El contexto universitario español para la creación de spin-off académicas: la actividad de I+D+I en la universidad española

La creación, consolidación y proliferación de empresas de spin-offs académicas requiere que se cumplan una serie de requisitos previos:inversión en I+D que contribuya a crear nuevas oportunidades tecnológicas; capital-riesgo para financiar las primeras etapas de desarrollo de una spin-off; una cultura favorable al emprendizaje en el entorno universitario; programas específicos de apoyo a la creación de spin-offs; un marco regulatorio-institucional que favorezca la I+D, la protección de la propiedad intelectual y la aproximación de los investigadores al mundo empresarial. En este artículo se pretende analizar la actividad de I+D+I universitaria española. Se trata de resaltar las principales características diferenciadoras de la situación española con respecto a la Unión Europea, a algún país europeo significativo y a Estados Unidos, como país de referencia en la transferencia de tecnología a través de spin-off académicas.

Diseño de programas de apoyo a la creación de spin-off académicas

En el presente trabajo, por medio de una revisión de la literatura, identificamos una serie de variables que condicionan las características de los programas de apoyo a la creación de spin-off académicas, establecemos las condiciones bajo las cuales parece que deberían ir en un sentido u otro y perfilamos cuatro modelos básicos de programas.Los resultados del estudio pueden ser una buena guía para las autoridades académicas interesadas en la implantación de un programa de apoyo a la creación de spin-off o para la mejora de la eficiencia de programas ya existentes.

La spin-off universitaria como mecanismo para la transferencia de conocimiento

En los últimos años, ha crecido el número de publicaciones existentes sobre el fenómeno de las spin-offs apareciendo así como un mecanismo revolucionario en el cumplimiento de la tercera misión de la universidad. El presente trabajo analiza la creación de spin-offs universitarias como método para la transferencia de conocimiento universidad-empresa, analizando en un principio la historia de la universidad, los modelos y mecanismos para la transferencia de conocimiento. El análisis continúa con una conceptualización del fenómeno una diferenciación de los tipos de spin-offs, además de destacar sus beneficios y factores condicionantes. Por último, se realiza una síntesis del marco legal vigente y un estudio aplicado sobre esta realidad en la UPV/EHU.

Voodoo Institution or Entrepreneurial University? Spin-off Companies, the Entrepreneurial System and Regional Development in the UK

University spin-off companies occupy a prominent position in both government and university policies and aspirations for the commercialization of university research for economic benefit at regional and national levels. However, most university spin-off companies start small and remain small, reflecting founder aspirations, capabilities, and resource endowments. Based on detailed analysis of university spin-offs in Northern Ireland, it is concluded that these companies are technology lifestyle businesses not dynamic high-growth potential start-ups, and it is suggested that the prominence given to spin-offs in the analysis of technology transfer and in discussions of the economic impacts of universities is misplaced.

Curricular training report: pharmaceutical industry & spin-off company

O presente relatório expõe as atividades desenvolvidas durante o estágio curricular, frequentado na Bluepharma - Indústria Farmacêutica S.A. e na TREAT U, Lda. uma Spin-off da Universidade de Coimbra, no âmbito do Mestrado em Biomedicina Farmacêutica da Universidade de Aveiro. Esta foi uma experiência de 6 meses que teve duas componentes, uma multidisciplinar e outra monodisciplinar, as quais me permitiram desenvolver os conhecimentos e aptidões adquiridas ao longo do curso de mestrado e de as aplicar ao mundo real. Para além do desenvolvimento de competências profissionais, esta experiência possibilitou também a aquisição e desenvolvimento de várias aptidões, quer a nível pessoal como social. Nos primeiros dois meses desta minha experiência adquiri um conhecimento essencialmente teórico em várias áreas da indústria farmacêutica (financeira, desenvolvimento de negócio, assuntos regulamentares, investigação e desenvolvimento de medicamentos, garantia da qualidade, etc.) através da minha passagem pela Bluepharma. De seguida, na minha experiência de quatro meses na TREAT U, foi-me dada a oportunidade de realizar de forma mais independente, as funções inerentes ao cargo de assistente da gerência, com especial enfoque para atividades de gestão de projeto (incluindo assuntos regulamentares), tais como, apoio na preparação do plano de desenvolvimento não clínico e na preparação do pedido de aconselhamento científico. Este relatório começa assim por descrever os objectivos do estágio e uma breve descrição das instituições que me acolheram para a sua realização. De seguida, os conhecimentos adquiridos na vertente multidisciplinar do estágio e depois as atividades desenvolvidas no âmbito monodisciplinar. Por fim, apresenta uma análise das dificuldades e desafios encontrados bem como os esforços realizados para os ultrapassar.

The spin-off of Sonae Capital

The purpose of this project is to study the spin-off of Sonae Capital, which took place in January 2008. Taking the form of a case study, this project is divided between the case narrative and a teaching note. I study the background and motivation of the transaction, along with its outcome. With the available information at the time of the case, I value Sonae Capital at the date of the spin-off and describe a possible trading strategy involving both the spun-off and the demerged companies. Finally, I conclude that the transaction was more beneficial for the parent company, Sonae SGPS, and that it did not follow the typical outperformance pattern observed in other spin-offs.