New research suggests productivity at university spin-outs outperforms other startups and SMEs in the long-run.
University spin-offs have lower economic results than startups from other sources during their first three years, but their productivity surpasses the other companies after that, according to academic research.
Researchers Pere Ortín Ángel and Ferran Vendrell Herrero from Spain-based Universitat Autònoma de Barcelona (UAB) and UK-based University of Birmingham analyzed the productivity of 104 university spin-offs and the other is made up of 73 technology-based, non-university companies in Spain founded between 1994 and 2005.
The study was published in the…
