BIROn - Birkbeck Institutional Research Online

    Financial performance studies of university spin-off companies in the West Midlands

    Jelfs, Peter and Lawton-Smith, Helen (2020) Financial performance studies of university spin-off companies in the West Midlands. Journal of Technology Transfer , ISSN 1573-7047. (In Press)

    [img] Text
    41628.pdf - Author's Accepted Manuscript
    Restricted to Repository staff only

    Download (569kB) | Request a copy

    Abstract

    Doubts remain over the true impact of university spin-offs (USOs), particularly those created outside elite research universities. This paper examines the financial performance of USOs from a single UK post-industrial region, the West Midlands within the framework of signalling theory. It adds to the existing literature on USO performance at company level, a currently under-represented topic, despite the attention and funding devoted to USOs by UK policymakers. By considering a single region, it brings new insight into the regional context of USOs. Key results of the study are a correlation between research strength of a university and ability of its USOs to attract external finance, but a lack of successful exits across the whole region.

    Metadata

    Item Type: Article
    Keyword(s) / Subject(s): University spin-offs, West Midlands, signalling theory, regional development
    School: School of Business, Economics & Informatics > Management
    Research Centres and Institutes: Innovation Management Research, Birkbeck Centre for
    Depositing User: Helen Lawton Smith
    Date Deposited: 19 Nov 2020 17:23
    Last Modified: 14 Jun 2021 13:07
    URI: https://eprints.bbk.ac.uk/id/eprint/41628

    Statistics

    Downloads
    Activity Overview
    1Download
    88Hits

    Additional statistics are available via IRStats2.

    Archive Staff Only (login required)

    Edit/View Item Edit/View Item