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From Profs to Profits: How Italian Academics Generate High Technology Ventures
Author(s) -
Piccaluga Andrea
Publication year - 1992
Publication title -
creativity and innovation management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.148
H-Index - 60
eISSN - 1467-8691
pISSN - 0963-1690
DOI - 10.1111/j.1467-8691.1992.tb00033.x
Subject(s) - creativity , spin offs , business , technology transfer , marketing , public relations , industrial organization , political science , international trade , law
This article examines the motivations which induce academic researchers to found their own business and reports on the advantages and disadvantages that such an entrepreneurial form presents for an efficient transfer of creativity and innovation from public research laboratories to the marketplace. In the Italian situation it shows that academic spin‐offs can be very efficient in doing this although there are specific and crucial moments which generate tension within the first stages of the firm's life cycle.