Academic spin-offs and the innovative city: Universities’ role in the entrepreneurial ecosystem of Boston

Baroncelli, A. and Landoni, M. (2018) Academic spin-offs and the innovative city: Universities’ role in the entrepreneurial ecosystem of Boston. In: Dallago, B. and Tortia, E. (eds.) Entrepreneurship and Local Economic Development: A Comparative Perspective on Entrepreneurs, Universities and Governments. Routledge: London. ISBN 9781351256049 (doi: 10.4324/9781351256049-14)

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Abstract

This chapter focuses on the relationship between the environment and the university spin-off creation, and its developmental early stages in promoting and sustaining the new company. Thus, academic spin-offs in an urban context contribute to a city's qualification as innovative. Universities provide the elements to sustain the innovative city with a direct impact on local development. Universities in a metropolitan area participate in a network of innovation by the formation of academic spin-offs in technologically unrelated industries, then provide technological diversity to the innovative network. University spin-offs also include new companies that were formed to commercialize a university technology and/or the knowledge developed within an academic institution, or that received some kind of support from the parent university. Greater Boston is home to one of the largest concentrations of colleges and universities, including world-renowned institutions regularly at the top of universities rankings: Harvard and Massachusetts Institute of Technology.

Item Type:Book Sections
Status:Published
Glasgow Author(s) Enlighten ID:Landoni, Mr Matteo
Authors: Baroncelli, A., and Landoni, M.
College/School:College of Social Sciences > School of Social and Political Sciences > Economic and Social History
Journal Name:Entrepreneurship and Local Economic Development: A comparative perspective on entrepreneurs, universities and government
Publisher:Routledge
ISBN:9781351256049
Published Online:20 September 2018
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