Factors affecting spin-off creation

Purpose – The aim of the paper is to present a theoretical approach and an empirical analysis of factors affecting the spin-off creation, as although research on spin-off has increasingly received attention in recent years, few studies have focused on the main factors of the spin-off creation. Design/methodology/approach – Considering the exploratory nature of our research objectives, the Université Libre de Bruxelles cases were chosen to evidence macro-, meso- and microfactors that affect the university's ability to create a spin-off. Findings – Many factors that affect the spin-off creation were evidenced. Originality/value – A multilevel perspective for the spin-off analysis was offered.