Technological and Marketing Capabilities of Incumbent Firms as Sources of Opportunities for Spinouts

Aliasghar Bahoo Torodi, Keld Laursen, Salvatore Torrisi

Publikation: Bidrag til bog/antologi/rapportKonferenceabstrakt i proceedingsForskningpeer review

Abstract

Entrepreneurship literature on spin-outs (new ventures by ex-employees of incumbent firms) suggests that increases in either the level of incumbent firms’ technological or market knowledge enhance the likelihood of spin-outs’ entry. Conditional on spawning new ventures, in this paper we examine whether the knowledge structure of incumbent firms would affect the strategic direction of ventures spawned. Analyses of data from the biotech industry supported our hypotheses linking the focus of incumbents’ technological and market portfolio to their spin-outs’ pattern of entry to the same (or different) technological fields or market segments as their parent firms. Our results contribute to the strategy and entrepreneurship literatures by providing a novel perspective on incumbent firms as source of new venture formation and their post-entry strategy.
OriginalsprogEngelsk
TitelProceedings of the Eighty-first Annual Meeting of the Academy of Management
RedaktørerSonia Taneja
Antal sider1
UdgivelsesstedBriarcliff Manor, NY
ForlagAcademy of Management
Publikationsdato2021
DOI
StatusUdgivet - 2021
BegivenhedThe Academy of Management Annual Meeting 2021: Bringing the Manager Back in Management - Online, Virtual, Online
Varighed: 29 jul. 20214 aug. 2021
Konferencens nummer: 81
https://aom.org/events/annual-meeting

Konference

KonferenceThe Academy of Management Annual Meeting 2021
Nummer81
LokationOnline
ByVirtual, Online
Periode29/07/202104/08/2021
Internetadresse
NavnAcademy of Management Proceedings
ISSN2151-6561

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