eCite Digital Repository
Job Machine, Think Tank, or Both: What Makes Corporate Spin-Offs Different?
Citation
Fryges, HR and Muller, B and Niefert, M, Job Machine, Think Tank, or Both: What Makes Corporate Spin-Offs Different?, Small Business Economics: an entrepreneurship journal, 43, (2) pp. 369-391. ISSN 0921-898X (2014) [Refereed Article]
Copyright Statement
Copyright 2014 Springer Science+Business Media
DOI: doi:10.1007/s11187-013-9540-6
Abstract
One way through which knowledge and technology transfer can take place is through the foundation of new firms by former employees of incumbent private firms. In this paper, we examine whether knowledge transferred from the incumbent causally affect employment growth and post-entry innovation activities of the new firm. We focus on start-ups for which a new idea (a new product,
technology, production process, or management concept), which the founder developed during her work as an employee, was essential for setting up the new
business. These firms are denoted corporate spin-offs. Using data from German start-ups founded in the period from 2005 to 2008, we apply nearest-neighbour propensity score matching. We find that corporate spin-offs outperform other start-ups founded by former employees of incumbent private firms that are not based on an essential idea in terms of post-entry innovation activities. However, we cannot show that corporate spin-offs benefit from the transferred idea in terms of employment growth. We conclude that a transferred idea is primarily an input factor and a stimulus for subsequent post-entry innovation activities of corporate spin-offs.
Item Details
Item Type: | Refereed Article |
---|---|
Keywords: | panel data; corporate spin-offs; knowledge and technology transfer |
Research Division: | Economics |
Research Group: | Applied economics |
Research Field: | Industry economics and industrial organisation |
Objective Division: | Economic Framework |
Objective Group: | Management and productivity |
Objective Field: | Technological and organisational innovation |
UTAS Author: | Fryges, HR (Dr Helmut Fryges) |
ID Code: | 88601 |
Year Published: | 2014 |
Web of Science® Times Cited: | 6 |
Deposited By: | Australian Innovation Research Centre |
Deposited On: | 2014-02-08 |
Last Modified: | 2018-03-20 |
Downloads: | 0 |
Repository Staff Only: item control page