Investigating the association between universities' corporate governance structure and the knowledge transfer performance outcomes

Abstract

PurposeThe aim of this paper is to provide evidence of the relationship between the governance structure of universities and the universities' knowledge transfer (KT) performance outcomes measured in terms of university spin-off firms university spin-offs (USOs).Design/methodology/approachThe universities' board of directors has been analyzed under three profiles: the incidence of internal directors belonging to the STEM (Science, Technology, Engineering and Mathematics) faculties, the incidence of women directors and the incidence of external directors.FindingsThe findings provide evidence of a significant and positive association, for southern Italian state universities, of the presence of university STEM directors and the establishment of university spin-offs (USOs).Originality/valueThe article is original as, to the best of the authors’ knowledge, no study, except for the paper by Meoli et al. (2019), examined the governance of universities in relation to the establishment of academic spin-offs.

Perspectives of using the integration mechanisms of education’s development for accelerating Russia’s economic growth

“…As shown in Table 2, unlike De los Ríos-Carmenado et al ( 2021), Mok et al (2022), Pan et al (2022), andVeltri et al (2022), this paper proved that the most prospective mechanism for higher education development to increase the rate of economic growth is not independent development of universities through training of personnel and R&D but universities' integration with business. This allows offering a new criterion of the optimality of organization and management of universities: their involvement in the processes of integration with business.…”

“…In the works by De los Ríos-Carmenado et al ( 2021), Mok et al (2022), Pan et al (2022), andVeltri et al (2022), the mechanism of the development of higher education to speed up the rate of economic growth is the independent development of universities through training of personnel and R&D. In the works by Li and Yin (2022), Paswan et al (2022), Saleem et al (2023), and Wijesundara and Prabodanie (2022), the prospective spheres of the development of higher education are the improvement of the indicators of scientometrics (citation) and growth of profitability (effectiveness) of universities.…”

Transformación de universidades incubadoras a creadoras directas de empresas Spin-Off

“…En Latinoamérica, las políticas de apoyo a la incubación de Spin-Off son relativamente recientes en comparación con las estructuras bien establecidas en Europa (Corallo et al, 2018;Castrillón et al, 2019;Morales, 2020). Por ejemplo, en países como México, la creación de Oficinas de Transferencia de Conocimiento (OTRI) y la implementación de normativas que promueven la participación en regalías y capital de las Spin-Off han sido avances significativos en la última década (Pérez-Hernández et al, 2021;Veltri, Puntillo y Pierri, 2022).…”

“…En contraste, Europa cuenta con un marco de políticas más maduro y consolidado, como el enfoque de la triple hélice, que impulsa la cooperación entre universidades, el sector industrial y el gobierno (Civera y Meoli, 2018;Quiñónez, Ahumada y Rodeiro, 2022;Veltri et al, 2022). Este modelo ha demostrado ser efectivo en países como España, donde las universidades han establecido programas y estructuras de apoyo que han resultado en la creación exitosa de empresas de base tecnológica (Panetti y Parmentola, 2020).…”