Abstract
Measuring the contributions of ‘hi-tech’ small firms by looking only
at their product sales, innovation outputs and employment generation
may understate their effectiveness. Another important contribution
of entrepreneurship ‘hi-tech’ firms is their catalyzing role to knowledge
creation and transfer in innovation networks. This paper addresses
two exploratory research questions: how active in network development
and technology transfer are university spin-offs during their early
years to overcome initial disadvantages? Is there any relationship
between early networks development and knowledge creation and technology
transfer in university spin-offs? Using data from companies spun
off from a Spanish university in the period 1990–2000, the empirical
results suggest that technology transfer and networking at university
spin-offs decreased after their early years but at the same time
the relationships with customers increased.
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