The effects of academic incubators on university innovation

Christos Kolympiris, Peter G. Klein

Research output: Contribution to journalArticlepeer-review

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In this article, we analyze the impact of academic incubators on
the quality of innovations produced by U.S. research-intensive academic institutions. We show that establishing a university-affiliated incubator is followed by a reduction in the quality of university innovations. The conclusion holds when we control for the endogeneity of the decision to establish an incubator using the presence of incubators at peer institutions as an instrument. We also document a reduction in licensing income following the establishment of an incubator. The results suggest that university incubators compete for resources with technology transfer offices and other campus programs and activities, such that the useful outputs they generate can be partially offset by reductions in innovation elsewhere.
Original languageEnglish
Pages (from-to)145-170
Number of pages26
JournalStrategic Entrepreneurship Journal
Issue number2
Early online date19 Dec 2016
Publication statusPublished - 30 Jun 2017


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