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Token endeavors: the significance of academic spin-offs in technology transfer and research policy in Germany


Knie, Andreas; Lengwiler, Martin (2008). Token endeavors: the significance of academic spin-offs in technology transfer and research policy in Germany. Science and Public Policy, 35(3):171-182.

Abstract

Based on the principal-agent theory, this paper analyses the historical emergence of policies supporting spin-off activities since the end of the Second World War, focusing on Germany as an exemplary case study. It argues that the significance of spin-offs in research policy is not an effect of their hard-and-fast number or their direct economic impacts but rather of their symbolic meaning, providing legitimacy for academic institutions and funding agencies in controversial public debates about science and technological policies. Spin-offs, like technology transfer at large, are important to the rationale and legitimacy of science and research policy

Abstract

Based on the principal-agent theory, this paper analyses the historical emergence of policies supporting spin-off activities since the end of the Second World War, focusing on Germany as an exemplary case study. It argues that the significance of spin-offs in research policy is not an effect of their hard-and-fast number or their direct economic impacts but rather of their symbolic meaning, providing legitimacy for academic institutions and funding agencies in controversial public debates about science and technological policies. Spin-offs, like technology transfer at large, are important to the rationale and legitimacy of science and research policy

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:National licences > 142-005
Dewey Decimal Classification:Unspecified
Scopus Subject Areas:Social Sciences & Humanities > Geography, Planning and Development
Social Sciences & Humanities > Public Administration
Physical Sciences > Management, Monitoring, Policy and Law
Language:English
Date:1 April 2008
Deposited On:24 Oct 2018 15:17
Last Modified:15 Apr 2021 14:48
Publisher:Beech Tree Publishing
ISSN:0302-3427
OA Status:Green
Publisher DOI:https://doi.org/10.3152/030234208x302661

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