This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty … commercialization; entrepreneurship or licenses to established firms, as well as on probabilities of successful commercialization. We … find that the US system is less conducive to entrepreneurship than the Swedish system if established firms have some …

research on industrial innovation. Moreover, during this period we find that firms with large research operations in both …

-tier universities in the national innovation system as producers of new, high-quality knowledge …

This paper considers the U.S. Small Business Innovation research (SBIR) program as a policy fostering academic … entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy: early … the incidence of biomedical entrepreneurship through SBIR and describe some of the characteristics of these individuals …