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Knowledge conversion capability and the performance of corporate and university spin-offs

Shaker A. Zahra, Els Van de Velde UGent and Barbara Larraneta (2007) INDUSTRIAL AND CORPORATE CHANGE. 16(4). p.569-608
abstract
Corporate and university spin-offs are often created to commercialize new technologies. Yet, it is not clear how these spin-offs transform their inventions into new products, goods and services that create value. In this article, we use the knowledge-based theory to argue that this transformation requires a "knowledge conversion capability" (KCC) that has three components: conceptualization and visioning of applications of that knowledge; configuration and design of potential products and other applications; and the embodiment and integration of knowledge into products. Using data from 91 corporate and 78 university spin-offs, we find that these two sets of firms differ in their emphasis on the three KCC components, benefit differentially from these three components in terms of their performance, and vary significantly in their performance.
Please use this url to cite or link to this publication:
author
organization
year
type
journalArticle (review)
publication status
published
keyword
ENTREPRENEURIAL FIRMS, ORGANIZATION, COMPETITIVE ADVANTAGE, START-UPS, INNOVATION, RESEARCH INSTITUTIONS, AUTOMOBILE-INDUSTRY, TECHNOLOGY-TRANSFER, OUT COMPANIES, RESEARCH AGENDA
journal title
INDUSTRIAL AND CORPORATE CHANGE
Ind. Corp. Change
volume
16
issue
4
pages
569 - 608
Web of Science type
Review
Web of Science id
000249886500004
JCR category
ECONOMICS
JCR impact factor
1.325 (2007)
JCR rank
38/189 (2007)
JCR quartile
1 (2007)
ISSN
0960-6491
DOI
10.1093/icc/dtm018
language
English
UGent publication?
yes
classification
A1
id
747475
handle
http://hdl.handle.net/1854/LU-747475
date created
2009-09-09 09:06:35
date last changed
2010-01-12 10:01:31
@article{747475,
  abstract     = {Corporate and university spin-offs are often created to commercialize new technologies. Yet, it is not clear how these spin-offs transform their inventions into new products, goods and services that create value. In this article, we use the knowledge-based theory to argue that this transformation requires a {\textacutedbl}knowledge conversion capability{\textacutedbl} (KCC) that has three components: conceptualization and visioning of applications of that knowledge; configuration and design of potential products and other applications; and the embodiment and integration of knowledge into products. Using data from 91 corporate and 78 university spin-offs, we find that these two sets of firms differ in their emphasis on the three KCC components, benefit differentially from these three components in terms of their performance, and vary significantly in their performance.},
  author       = {Zahra, Shaker A. and Van de Velde, Els and Larraneta, Barbara},
  issn         = {0960-6491},
  journal      = {INDUSTRIAL AND CORPORATE CHANGE},
  keyword      = {ENTREPRENEURIAL FIRMS,ORGANIZATION,COMPETITIVE ADVANTAGE,START-UPS,INNOVATION,RESEARCH INSTITUTIONS,AUTOMOBILE-INDUSTRY,TECHNOLOGY-TRANSFER,OUT COMPANIES,RESEARCH AGENDA},
  language     = {eng},
  number       = {4},
  pages        = {569--608},
  title        = {Knowledge conversion capability and the performance of corporate and university spin-offs},
  url          = {http://dx.doi.org/10.1093/icc/dtm018},
  volume       = {16},
  year         = {2007},
}

Chicago
Zahra, Shaker A., Els Van de Velde, and Barbara Larraneta. 2007. “Knowledge Conversion Capability and the Performance of Corporate and University Spin-offs.” Industrial and Corporate Change 16 (4): 569–608.
APA
Zahra, S. A., Van de Velde, E., & Larraneta, B. (2007). Knowledge conversion capability and the performance of corporate and university spin-offs. INDUSTRIAL AND CORPORATE CHANGE, 16(4), 569–608.
Vancouver
1.
Zahra SA, Van de Velde E, Larraneta B. Knowledge conversion capability and the performance of corporate and university spin-offs. INDUSTRIAL AND CORPORATE CHANGE. 2007;16(4):569–608.
MLA
Zahra, Shaker A., Els Van de Velde, and Barbara Larraneta. “Knowledge Conversion Capability and the Performance of Corporate and University Spin-offs.” INDUSTRIAL AND CORPORATE CHANGE 16.4 (2007): 569–608. Print.