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The considerable economic contribution of academic spin-offs (ASOs) has drawn numerous scholars’ attention to explore the factors that influence their development (Hossinger, 2020). The growing attention on these issues has led researchers to investigate the drivers and success factors that have the greatest impact on the performance of ASOs.This paper has been designed with a dual purpose. On the one hand, the document aims to examine how much a region's innovation index reflectsdoi:10.5539/ibr.v13n9p113 fatcat:le53orzhqfh4pdxtduzu3ijwoa