Firms can voluntarily create independent firms to implement their technologically distant innovations and capture value through capital markets. We argue that when repeatedly compete make innovations, there is inefficient external implementation of “excessive” creation such firms. This inefficiency most exacerbated in the early stages an industry, number still limited.

Abstract The purpose of this study is to examine the relationship between identity centrality and entrepreneurial intention. Based on a survey 275 academic scientists from 14 Chinese universities, results show that positively influences intention engage in research commercialisation activities, such as spin-off creation, patenting licensing, contracting consulting. We also found conflict scient...

In corporate spin-offs, spun-off units pursue two major objectives: separating and restructuring their business for independent operation; and retaining business continuity and minimizing operational disruptions. In trying to balance the conflicting demands of these objectives, spun-off units often turn to “transitional IT services” provided by their parents. However, the business value of the ...

Recent studies have highlighted the superior performance of intra-industry spin-offs over both diversifying firms and other de novo entrants. It is often argued that superior knowledge endowments of founders are the explanation of these findings. However, the evidence is still very preliminary. We investigate this further using a detailed dataset covering the entire Danish economy by introducin...

a r t i c l e i n f o This study examines whether the performance of biotechnology research spin-offs in Spain differs from non spin-off firms, using empirically-based fieldwork over a 5-year period and standard dichotomous regression analysis on 7-year data. Biotechnology research spin-offs in Spain are not necessarily located in core regions, are smaller in size and tend to grow faster in ter...

The concept of academic spin-off (AS) has witnessed an increase in attention due to its effectiveness solving industry problems using core technology and knowledge from academia. Most studies based on US western Europe experiences have presented the main key factors for spin-offs. present study aims address a literature gap regarding AS survival factor identification central eastern European co...

O objetivo do estudo é analisar a evolução recente das pesquisas sobre spin-offs acadêmicas, visando identificar os principais fatores exógenos que afetam sua criação, disseminação e desempenho. método adotado foi revisão sistemática de literatura, mediante consulta em quatro bases: Scopus, Web of Science, Science Direct SciELO, com recorte 2016 2020. No primeiro momento, avaliada temporal, est...