Social Networks and the Success of University Spin-offs Toward an Agenda for Regional Growth / Hayter, Christopher

By: Hayter, Christopher S
Material type: ArticleArticlePublisher: 2015Description: 3 - 13Subject(s): Employment | Knowledge Spillovers | Technology Transfer | Entrepreneurship | Social Networks | University Spin-Offs In: Economic Development QuarterlySummary: This study explores the economic factors that are associated with the success of university spin-offs. Drawing on a unique sample of academic entrepreneurs from research institutions in New York State, the article finds that spin-off success is dependent on both the type and size of the academic entrepreneur's social network. Specifically, extraregional networks of nonacademic contacts-including investors, researchers from other companies, and advisors-allow academic entrepreneurs access to a broader base of knowledge and other resources important to spin-off success, which leads to regional economic development.
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Item type Current location Call number Vol info Status Date due Barcode
Articles Articles Ahmedabad (HO)
(Browse shelf) Vol. 29, Issue. 1 Available 019299

This study explores the economic factors that are associated with the success of university spin-offs. Drawing on a unique sample of academic entrepreneurs from research institutions in New York State, the article finds that spin-off success is dependent on both the type and size of the academic entrepreneur's social network. Specifically, extraregional networks of nonacademic contacts-including investors, researchers from other companies, and advisors-allow academic entrepreneurs access to a broader base of knowledge and other resources important to spin-off success, which leads to regional economic development.

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