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Incubation Strategies for Spinning-Off New Technology Ventures in Catalonia: The Case of the University of Girona

Incubation Strategies for Spinning-Off New Technology Ventures in Catalonia: The Case of the University of Girona
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Author(s): Christian Serarols i Tarrés (Universitat Autònoma de Barcelona, Spain), David Urbano (Universitat Autònoma de Barcelona, Spain), Yancy Vaillant (Universitat Autònoma de Barcelona, Spain)and Andrea Bikfalvi (Universitat de Girona, Spain)
Copyright: 2007
Pages: 4
Source title: Managing Worldwide Operations and Communications with Information Technology
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-929-8.ch292
ISBN13: 9781599049298
EISBN13: 9781466665378

Abstract

The spinning-off of university-based scientific inventions into separate companies represents a potentially important and increasingly utilised option to create wealth from the commercialisation of research (Carayannis, 1998; Clarysse et. al.; 2005; Lockett et. al., 2005; Vohora et al., 2004). The conventional route to transfer knowledge from university to market has been generally through two means: 1) licensing the rights to use technological discoveries controlled by university owned patents (Intellectual Property-IP) and; 2) contract research. In recent years, university spin-off companies have become an increasingly popular way of exploiting potentially valuable research and knowledge, but understanding of the phenomenon remains limited. This research is motivated by the need to learn more about university spin-off companies and particularly those created based on technology developed in universities in the light of certain pressures and issues. Moreover, relatively little is known about the nature of the relationship between the PRI and their spin-offs (Parhankangas and Arenius, 2003; Roberts and Malone, 1996; Steffenson et al., 1999). The main objective of this research is to analyse the strategy of University of Girona (Catalonia – Spain) in terms of resources and activities, how the process of spinning-off ventures is organised and whether the outputs fit with this PRI’s objectives and local environment.

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