“…University spin off companies have two types of impacts: a) direct, they are located close to emergence of technology, contributing to taxation and the possibility of competing internationally, driving changes in the university, facilitating the incorporation of graduated alumni, training entrepreneurs, making a better assessment of research results obtained, generating income that benefits the founders and the university; and b) indirect, enhancing TT mechanism, facilitating local economy growth, increasing university prestige, strengthening business and cooperation networks, promoting the use of advanced technologies, contributing to greater efficiency of innovation and regional economic development, or even as agents of outlook (Rodeiro et al, 2010;García et al, 2017;Di Gregorio & Shane, 2003;Rasmussen & Wright, 2015;Walter et al, 2006;Castillo-Vergara & Alvarez-Marin, 2015). In other words, the creation of university spin off companies has a pull effect on society through mechanisms such as dissemination, imitation and innovation, incorporating best practices in technology management and other company departments, as well as in long-term economic development (Rodeiro et al, 2010;García et al, 2017).…”