Science Research Management ›› 2014, Vol. 35 ›› Issue (11): 171-177.

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Policy principles for the creation and success of university spin-off companies

Pang Wen1,2, Ding Yunlong2   

  1. 1. School of Humanities and Law, Northeast Forestry University, Harbin 150040, Heilongjiang, China;
    2. School of Management, Harbin Institute of Technology, Harbin 150006, Heilongjiang, China
  • Received:2012-09-20 Revised:2014-02-17 Online:2014-11-25 Published:2014-11-21

Abstract: Developingappropriate incentive policies on the basis of the present academic achievements is an important way to promote the development of university spin-off companies. By constructing three layers of conceptual model and reviewing the results of foreign research, this paper finds out that the country's intellectual property system, commercial policy and university's entrepreneurship policy, resources and culture can promote spin-offs creation, while the university incubator's support and the mode of spin-offs' operation and management are vital to the success of enterprises. Based on these findings, we put forward some policy principles for promoting the university spin-off companies' creation and success and expect they may provide reference for our S&T entrepreneurship and policy development.

Key words: university spin-off company, creation, success, policy principle, review

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