[PDF] Drivers of growth: the case of French academic spin-off





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>G A/, ?H@yRNN8jRe ?iiTb,ff?HXb+B2M+2f?H@yRNN8jRe >G .`Bp2`b Q7 ;`Qri?, i?2 +b2 Q7 6`2M+? +/2KB+ bTBM@Qz oû`QMB[m2 "2bbB`2- J`B2 :QK2x "`2vbb2- E`BK J2bb2;?2K- M/`v _K`QbQM- avHpB2 aKKmi hQ +Bi2 i?Bb p2`bBQM, International Journal of Entrepreneurship and Innovation Bessière1, V.; Gomez2, M.; Messeghem2, K.; Ramaroson2, A.; Sammut3, S. 2 umontpellier.fr, karim.messeghem@ 3 This research received a State grant from the Agence Nationale de la Recherche as part Drivers of growth: the case of French academic spin

Academic spin

Introduction

Policy makers consider academic spin

The current

built a model 1.

The literature

studies that the race for growth is actually a learning race for these young companies accumulation of resources and thus faster post

1.1. Financial resources

The term financial resources

(technological field and ability to sell) and its social context (incubation model, type of

Raising

H1: The amount of funding

1.2.

Human resources are the accumulated skills of

invention

H2: The skills

1.3. Technological capa

In addition to finan

the firm's ability to market the valley of

Entrepreneurial firms may

ability to achieve H3:

1.4. Entrepreneurial orientation

The concept of entrepreneurial orientation has been attribut

factors, including growth. Other authors, however, have reported no significant relationship

H4: The entrepreneurial orientation of academic spin 1.5.

The social capital of

H5: To test our hypotheses, we used data from two samples of French academic spin

Growth = Įȕ1 * Financeȕ2 Skills

+ ȕ 3 + ȕ4 + ȕ5 * Support + İ where Įis ȕn İ 2.1

The objective

valley of death

Pé ,

incubateurs, P) and national levels (1 1 A d them maximum valueand, respectively, 2).

Table 1. Sample

Table 2.

2.3 F ,the revenue growth sample raised, was for for S

Technological capa

E

Support

2.4

Consistent with previous

Table 3. Descriptive statistics of the explanatory variables

3. Results:

To

0.361, p <

5%; p = 0.005), technological capaǻsupportǻ

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