RT Journal Article
T1 Rethinking the Resources and Responsibilities of University Spin-Offs: Critical Factors in Times of Global Crisis
A1 Toledano Garrido, Nuria
A1 Gessa Perera, Ana
A1 Sánchez Herrera, María Reyes
AB In recent years, the promotion of university spin-offs has become a measure adopted bymany European universities to facilitate the commercialization of new technologies and knowledgethat can lead to more sustainable economies and societies. However, the effectiveness of universitybased companies has also been questioned, as many of them are resource-constrained, remain smallin size and struggle to consolidate once they leave the university context. This paper addressestwo main research questions: what are the critical factors inhibiting the consolidation, performance,and sustainable development of university spin-offs at a mid-range European university, and whichcritical factors need to be addressed the most thoroughly by the university’s support programs inorder to improve their efficiency? To answer these questions, we collected relevant information froma panel of experts and interviewed academic entrepreneurs from a public university in the South ofSpain. The analytic hierarchy process was applied to identify and prioritize the critical factors andsub-factors encountered by the university-based companies. The results show that poor managementis the biggest critical factor in the consolidation of the spin-offs. One implication, the findings of ourstudy reveal, is the need for university administrators to improve support for university spin-offsin terms of managing the new business as opposed to prioritizing the difficulties associated withthe launch. Another is the need to raise awareness among faculties of the importance of findingan appropriate balance between technical and managerial skills in order to improve the chances ofentrepreneurial success
PB MDPI
SN 2071-1050 (electrónico)
YR 2022
FD 2022-10
LK https://hdl.handle.net/10272/21559
UL https://hdl.handle.net/10272/21559
LA eng
NO Toledano, N., Gessa, A., & Sanchez-Herrera, R. (2022). Rethinking the Resources and Responsibilities of University Spin-Offs: Critical Factors in Times of Global Crisis. In Sustainability (Vol. 14, Issue 19, p. 12628). MDPI AG. https://doi.org/10.3390/su141912628
DS Repositorio Institucional de la Universidad de Huelva
RD 30 may 2026