Financial performance studies of university spin-off companies in the West Midlands
Jelfs, Peter and Lawton Smith, Helen (2021) Financial performance studies of university spin-off companies in the West Midlands. Journal of Technology Transfer 46 , pp. 1949-1972. ISSN 1573-7047.
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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: | 28 Feb 2023 20:23 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/41628 |
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