About this paper

Appears in:
Pages: 3507-3516
Publication year: 2018
ISBN: 978-84-09-05948-5
ISSN: 2340-1095
doi: 10.21125/iceri.2018.1784

Conference name: 11th annual International Conference of Education, Research and Innovation
Dates: 12-14 November, 2018
Location: Seville, Spain

START UPS AND SPIN-OFFS: THE ROLE OF BUSINESS INCUBATORS

B. Bigliardi, A.I. Dormio, A. Petroni

University of Parma (ITALY)
In this age of exponential technology development and globalisation, innovation and entrepreneurship have become one of the key drivers (if not the key driver) of economic growth (Bathelt and Spiegel, 2011). Within this context, it is well accepted that also Universities can be central to the growth and development, especially if they support start-up and spin-off processes (Bigliardi et al., 2013; Galati et al., 2017). Indeed, the main involvement of universities refer to the creation of spin-offs companies (both based on intellectual property developed at the university or resulted from university–industry joint ventures), and start-ups (Mustar et al., 2006). Academic spin-offs are firms that are created by researchers to commercialize their innovations and research results (Shane, 2004). Similarly, start-ups are newly emerged entrepreneurial ventures aiming at meeting a marketplace need by developing a viable business model (Mustar et al., 2004). Both spin-offs and start-ups may have high failure rate or face difficulties especially in their initial development stage, thus needing a support. Business incubators usually assist these emerging ventures by providing support services and assistance in developing their business (Lalkaka, 2002).

The objective of this study is twofold: as first, to propose a taxonomy of start-ups, spin-offs and business incubators; as second, to define the role of business incubators in supporting emerging ventures. To reach this objective, after a brief introduction on the concept of spin-offs and start-up and their importance for the economic development and innovation, starting from the analysis of the available literature, a business incubator definition is given and all the various types of services offered by the incubator structure to the tenant companies are explained. Finally, we classify start-ups and spin-offs and map business incubators according to factors such as their objectives, mission, activities and role.

References:
[1] Bigliardi, B., Galati, F., and Verbano, C. (2013). Evaluating performance of university spin-off companies: Lessons from Italy. Journal of technology management & innovation, 8(2), 178-188.
[2] Galati, F., Bigliardi, B., Petroni, A., and Marolla, G. (2017). Which factors are perceived as obstacles for the growth of Italian academic spin-offs?. Technology Analysis & Strategic Management, 29(1), 84-104.
[3] Lalkaka, R. (2002). Technology business incubators to help build an innovation-based economy. Journal of change management, 3(2), 167-176.
[4] Mustar, P., Renault, M., Colombo, M.G., Piva, E., Fontes, M., Lockett, A., Wright, M., Clarysse, B., and Moray, N. (2006) Conceptualising the heterogeneity of research-based spin-offs: A multi-dimensional taxonomy. Research Policy, 35(2), pp. 289–308.
[5] Shane, S. (2004). Academic Entrepreneurship: University Spin-offs and Wealth Creation. Edward Elgar Publishing, Cheltenham, UK.
[6] Bathelt, H. and Spigel, B. (2011). University spin-offs, entrepreneurial environment and start-up policy: the cases of Waterloo and Toronto (Ontario) and Columbus (Ohio). International Journal of Knowledge-Based Development, 2(2), 202doi: 10.1504/IJKBD.2011.041248.
@InProceedings{BIGLIARDI2018STA2,
author = {Bigliardi, B. and Dormio, A.I. and Petroni, A.},
title = {START UPS AND SPIN-OFFS: THE ROLE OF BUSINESS INCUBATORS},
series = {11th annual International Conference of Education, Research and Innovation},
booktitle = {ICERI2018 Proceedings},
isbn = {978-84-09-05948-5},
issn = {2340-1095},
doi = {10.21125/iceri.2018.1784},
url = {http://dx.doi.org/10.21125/iceri.2018.1784},
publisher = {IATED},
location = {Seville, Spain},
month = {12-14 November, 2018},
year = {2018},
pages = {3507-3516}}
TY - CONF
AU - B. Bigliardi AU - A.I. Dormio AU - A. Petroni
TI - START UPS AND SPIN-OFFS: THE ROLE OF BUSINESS INCUBATORS
SN - 978-84-09-05948-5/2340-1095
DO - 10.21125/iceri.2018.1784
PY - 2018
Y1 - 12-14 November, 2018
CI - Seville, Spain
JO - 11th annual International Conference of Education, Research and Innovation
JA - ICERI2018 Proceedings
SP - 3507
EP - 3516
ER -
B. Bigliardi, A.I. Dormio, A. Petroni (2018) START UPS AND SPIN-OFFS: THE ROLE OF BUSINESS INCUBATORS, ICERI2018 Proceedings, pp. 3507-3516.
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