@article {RePEc:mul:j0hje1:doi:10.1430/107739:y:2023:i:1:p:129-152,
	title = {How Does the Localization of Innovative Start-ups Near the Universities Influence Their Performance?},
	journal = {L{\textquoteright}industria},
	number = {1},
	year = {2023},
	pages = {129-152},
	abstract = {According to the knowledge spillover theory of entrepreneurship (kste), knowledge spillover tends to occur only within limited geographic areas, embedding economic activity based on this knowledge within the local context. The choice of localization of innovative start-ups near the public research centre (pri) as university from which the knowledge spillover comes could have an impact on their performance. The paper has the aim to demonstrate if the innovative start-ups that are localized near the pri show better performance in terms of profitability and sales. In the empirical analysis, we consider Italian start-ups born within 2012-2015 and their performance during the period 2012-2019 and we measure the road spatial distance (in kilometres) from start-up to the nearest research centres in the province of start-up. Specifically, firm performance is measured as roa (a measure of profit performance). Moreover, we include threshold values of sales to see the different impact of distance on different levels of sales in order to take into account the heterogeneity of this variable. Our results show as the distance is negative and significant for high level of sales and has an effect on the profitability of start-ups. Implications for researchers and policy makers were discussed, and areas for future research outlined.},
	keywords = {Innovative Start-up, Italy, Knowledge Spillover, Knowledge-based Entrepreneurship, Universities},
	url = {https://EconPapers.repec.org/RePEc:mul:j0hje1:doi:10.1430/107739:y:2023:i:1:p:129-152},
	author = {Micozzi, Alessandra and Giannini, Valentina}
}
@article {589,
	title = {What are the trade-offs of academic entrepreneurship? An investigation on the Italian case},
	journal = {Journal of Technology Transfer},
	volume = {43},
	year = {2018},
	pages = {198-221},
	publisher = {Springer New York LLC},
	abstract = {<p>This study addresses the following research questions: what happens to the propensity to collaborate with other firms, once the researcher creates her own venture? Do her collaborations decrease or do they grow? These questions have been overlooked by the current literature, even though they carry important policy implications. Our key suggestion is that the effectiveness of a technology transfer tool can be better assessed by taking into account the possible crowding-out effects with other channels of knowledge transfer. We do so for Italy, by comparing the behavior of single researchers, before and after the establishment of their own firm, with the behavior of a control group. We assess whether those academics that founded their own firm significantly change their attitude to perform research collaborations with other firms by means of co-publication and co-patenting. We also verify whether creating a firm has an impact on the overall patenting and publication performance. Our results suggest that there is a negative effect on the overall publishing performance, while the patenting activity does not change significantly. Regarding co-publications, our results confirm the existence of a substitution effect between spin-offs and co-publication with firms, while we observe an increase in the case of co-patenting. A closer look at the data, however, suggests that the latter is mainly triggered by the patenting activity that the researcher performs with his or her own company. {\textcopyright} 2016, Springer Science+Business Media New York.</p>
},
	keywords = {Academic entrepreneurship, Behavioral research, Economic and social effects, Knowledge management, Patenting activities, Patents and inventions, Policy evaluation, Policy implications, Propensity score matching, Public policy, Publishing, Research collaborations, Spin off, Substitution effect, Technology Transfer},
	issn = {08929912},
	doi = {10.1007/s10961-016-9482-7},
	url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-84968547880\&doi=10.1007\%2fs10961-016-9482-7\&partnerID=40\&md5=2133632f90803ed24d87019494bbaefb},
	author = {Barbieri, E. and Rubini, L. and Pollio, C. and Micozzi, A.}
}
