Entrepreneurial origin, technological knowledge, and the growth of spin-off companies
- Author
- Bart Clarysse (UGent) , Mike Wright (UGent) and Els Van de Velde (UGent)
- Organization
- Abstract
- We contribute to the literature on corporate spin-offs and university spin-offs by exploring how different characteristics in the technological knowledge base at start-up influence spin-off performance. We investigate how the technological knowledge characteristics endowed at start-up predict growth, taking into account whether the knowledge/technology is transferred from a corporation or university. We use a novel, hand-collected dataset involving 48 corporate and 73 university spin-offs, comprising the population of spin-offs in Flanders during 1991-2002. We find corporate spin-offs grow most if they start with a specific narrow-focused technology sufficiently distinct from the technical knowledge base of the parent company and which is tacit. University spin-offs benefit from a broad technology which is transferred to the spin-off. Novelty of the technical knowledge does not play a role in corporate spin-offs, but has a negative impact in university spin-offs unless universities have an experienced technology transfer office to support the spin-off.
- Keywords
- START-UPS, ABSORPTIVE-CAPACITY, MODERATING ROLE, FIRMS, PERFORMANCE, CORPORATE, MARKET, STRATEGIES, VENTURE, COMMERCIALIZATION
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Citation
Please use this url to cite or link to this publication: http://hdl.handle.net/1854/LU-2039309
- MLA
- Clarysse, Bart, et al. “Entrepreneurial Origin, Technological Knowledge, and the Growth of Spin-off Companies.” JOURNAL OF MANAGEMENT STUDIES, vol. 48, no. 6, 2011, pp. 1420–42, doi:10.1111/j.1467-6486.2010.00991.x.
- APA
- Clarysse, B., Wright, M., & Van de Velde, E. (2011). Entrepreneurial origin, technological knowledge, and the growth of spin-off companies. JOURNAL OF MANAGEMENT STUDIES, 48(6), 1420–1442. https://doi.org/10.1111/j.1467-6486.2010.00991.x
- Chicago author-date
- Clarysse, Bart, Mike Wright, and Els Van de Velde. 2011. “Entrepreneurial Origin, Technological Knowledge, and the Growth of Spin-off Companies.” JOURNAL OF MANAGEMENT STUDIES 48 (6): 1420–42. https://doi.org/10.1111/j.1467-6486.2010.00991.x.
- Chicago author-date (all authors)
- Clarysse, Bart, Mike Wright, and Els Van de Velde. 2011. “Entrepreneurial Origin, Technological Knowledge, and the Growth of Spin-off Companies.” JOURNAL OF MANAGEMENT STUDIES 48 (6): 1420–1442. doi:10.1111/j.1467-6486.2010.00991.x.
- Vancouver
- 1.Clarysse B, Wright M, Van de Velde E. Entrepreneurial origin, technological knowledge, and the growth of spin-off companies. JOURNAL OF MANAGEMENT STUDIES. 2011;48(6):1420–42.
- IEEE
- [1]B. Clarysse, M. Wright, and E. Van de Velde, “Entrepreneurial origin, technological knowledge, and the growth of spin-off companies,” JOURNAL OF MANAGEMENT STUDIES, vol. 48, no. 6, pp. 1420–1442, 2011.
@article{2039309, abstract = {{We contribute to the literature on corporate spin-offs and university spin-offs by exploring how different characteristics in the technological knowledge base at start-up influence spin-off performance. We investigate how the technological knowledge characteristics endowed at start-up predict growth, taking into account whether the knowledge/technology is transferred from a corporation or university. We use a novel, hand-collected dataset involving 48 corporate and 73 university spin-offs, comprising the population of spin-offs in Flanders during 1991-2002. We find corporate spin-offs grow most if they start with a specific narrow-focused technology sufficiently distinct from the technical knowledge base of the parent company and which is tacit. University spin-offs benefit from a broad technology which is transferred to the spin-off. Novelty of the technical knowledge does not play a role in corporate spin-offs, but has a negative impact in university spin-offs unless universities have an experienced technology transfer office to support the spin-off.}}, author = {{Clarysse, Bart and Wright, Mike and Van de Velde, Els}}, issn = {{0022-2380}}, journal = {{JOURNAL OF MANAGEMENT STUDIES}}, keywords = {{START-UPS,ABSORPTIVE-CAPACITY,MODERATING ROLE,FIRMS,PERFORMANCE,CORPORATE,MARKET,STRATEGIES,VENTURE,COMMERCIALIZATION}}, language = {{eng}}, number = {{6}}, pages = {{1420--1442}}, title = {{Entrepreneurial origin, technological knowledge, and the growth of spin-off companies}}, url = {{http://doi.org/10.1111/j.1467-6486.2010.00991.x}}, volume = {{48}}, year = {{2011}}, }
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