Company-Scientist Locational Links: The Case of Biotechnology

Audretsch, David B.; Stephan, Paula E.

doi:10.4337/9781786432797.00019

Cited by 502 publications

(493 citation statements)

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“…In this respect, such dynamic, regional clusters may provide a good breeding place for start-ups and for IP-based spin-offs in particular (Jaffe et al, 1993;Mansfield and Lee, 1996;Mowery and Ziedonis, 2001). Proximity and regional embeddeness in a network of public and private collaborations is an important factor for IP-based spin-offs in biotechnology (Audretsch and Stephan, 1996;Oliver, 2004, Zucker et al, 1998.…”

Section: Chances Of Success: the Role Of Regional Clustersmentioning

confidence: 99%

Determining Factors of the Effectiveness of IP-based Spin-offs: Comparing the Netherlands and the US

2006

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ABSTRACT. In this paper we describe and analyse IP-based spin-offs as a relatively new phenomenon for transferring knowledge from science to industry. We argue that the effectiveness of this mechanism is subject to a complex array of institutional factors. These factors entail national, sectoral, regional and managerial institutions. Based on an indicative comparison between the Netherlands and the United States we find that is especially the combination of national and sectoral institutions that condition whether an IP-based spin-off is established in the first place, whereas regional and managerial institutions condition its subsequent chances of success. We finish by formulating some notions for public policy.

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Section: Chances Of Success: the Role Of Regional Clustersmentioning

confidence: 99%

Determining Factors of the Effectiveness of IP-based Spin-offs: Comparing the Netherlands and the US

2006

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“…This is a fair characterization of many alliances in the industry. However, as a different body of work on the origins and evolution of biotechnology firms has illuminated, many biotech firms maintain close links with universities (see for example, Liebeskind et al, 1996;Audretsch and Stephan, 1996;Powell et al, 1996;Zucker et al, 1998;George et al, 2002;Murray and Stern, in press). Indeed, with just a handful of exceptions, the drugs on the market today with biotechnological origins have emanated from license agreements for scientific discoveries made in universities (Edwards et al, 2003).…”

Section: Introductionmentioning

confidence: 99%

Vertical alliance networks: The case of university–biotechnology–pharmaceutical alliance chains

2007

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“…Firms' size, absorptive capacity and the adoption of open search strategies are also important factors in the …rms'willingness to collaborate (Mohnen and Hoareau, 2003;Veugelers and Cassiman, 2005;Bercovitz and Feldman, 2007). Geographical proximity between the researchers' university and the …rms has also been shown to be important, particularly for researchers in universities with modestly rated faculties (Audretsch and Stephan, 1996). of collaborating with each potential partner, how do academics and …rms mutually choose each other, and which of them decide to work independently?…”

Section: Take For Example the Partnership Formed In 2007 By Professormentioning

confidence: 99%

“…5 The other parameters in (1) are interaction terms. The parameter 1 measures whether partners' abilities are substitute ( 1 < 0), independent ( 1 = 0), or complementary ( 1 > 0).…”

Section: Pro…ts For Collaborative and Non-collaborative Projectsmentioning

confidence: 99%

Endogenous Matching in University-Industry Collaboration: Theory and Empirical Evidence from the United Kingdom

2018

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This is the accepted version of the paper.This version of the publication may differ from the final published version. Permanent AbstractWe use a two-sided matching framework to analyze collaboration between heterogeneous academics and …rms. We consider both horizontal and vertical characteristics, i.e., those related to a¢ nity (e.g., preferences for a type of scienti…c research) and those related to ability (e.g., capacity to produce high-quality scienti…c output). We build a unique dataset based on the teams of academics and …rms that proposed research projects to the UK's Engineering and Physical Sciences Research Council. Our results are suggestive of positive assortative matching in terms of ability and type while the matching is negative assortative in terms of their interactions. The most able and the most applied academics are the ones that are more likely to propose collaborative as opposed to non-collaborative projects. JEL Classi…cation numbers: O32, I23

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Company-Scientist Locational Links: The Case of Biotechnology

Cited by 502 publications

References 0 publications

Determining Factors of the Effectiveness of IP-based Spin-offs: Comparing the Netherlands and the US

Determining Factors of the Effectiveness of IP-based Spin-offs: Comparing the Netherlands and the US

Vertical alliance networks: The case of university–biotechnology–pharmaceutical alliance chains

Endogenous Matching in University-Industry Collaboration: Theory and Empirical Evidence from the United Kingdom

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