This study aims at empirically investigating whether technology incubators help academic high-tech start-ups to establish collaborations with other organizations, thus increasing the competitiveness of these firms. In doing so, we take into account the specificities of academic high-tech start-ups with respect to their non-academic counterparts. We compare the effects of incubation on academic and non-academic high-tech start-ups through econometric estimates using a large sample of Italian firms. Our findings suggest that incubated academic high-tech start-ups do not enjoy any advantages in establishing collaborations with respect to their non-incubated peers. Conversely, technology incubators do help non-academic high-tech start-ups in establishing collaborations with public research organizations. We thus come to the interesting conclusion that the effects of incubation are moderated by the genetic characteristics of incubated firms.
The effects of incubation on academic and non-academic high-tech start-ups: Evidence from Italy
Colombo, M.G.; Piva, E.; Rentocchini, F.
Economics of Innovation and New Technology