When academic spin-offs are compared with other research- and knowledge-intensive start-ups, it is apparent that spin-offs are significantly more research- and knowledge-oriented than other start-ups. This fact becomes evident in higher research intensity, higher inclination to patenting and more intensive contacts to science. Spin-offs fill a particularly research-intensive segment within the research- and knowledge-intensive sectors and establish a connection between science and market. In this paper, for Austria, it is investigated if the performance of spin-offs differs form that of other research- and knowledge-intensive start-ups. Econometric model calculations show that spin-offs are as for turnover and employment growth not more successful than other start-ups in the research- and knowledge-intensive sector.

Item Type:	Refereed Article
Keywords:	academic spinoffs; firm performance; Austria
Research Division:	Economics
Research Group:	Applied economics
Research Field:	Industry economics and industrial organisation
Objective Division:	Economic Framework
Objective Group:	Microeconomics
Objective Field:	Microeconomics not elsewhere classified
UTAS Author:	Fryges, HR (Dr Helmut Fryges)
ID Code:	85370
Year Published:	2009
Deposited By:	Australian Innovation Research Centre
Deposited On:	2013-07-02
Last Modified:	2014-10-09
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