The Journal of Technology Transfer

, Volume 33, Issue 3, pp 225–247 | Cite as

Spinouts from academic institutions: a literature review with suggestions for further research



This paper provides a comprehensive literature review of the phenomenon of spinouts from academic institutions. We systematically identified spinout papers in key management journals, categorised the literature and critically synthesised the findings. We present the findings of each literature stream in turn and also identify inconsistencies and directions for further research. We conclude that while the early literature has been mainly atheoretical and focused on describing the phenomenon, a core group of recent studies were theory-driven.


Spinouts Universities Technology transfer Literature review 

JEL Classification

L20 M13 O32 



The authors gratefully acknowledge the helpful suggestions of the two anonymous reviewers and would like to thank Gerard George and Nicos Nicolaou for their comments on earlier drafts of this paper.


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Copyright information

© Springer Science+Business Media, LLC 2006

Authors and Affiliations

  1. 1.Cass Business School, City UniversityLondonUK

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