Who Needs Business Experience?

How Pre-Foundation Innovation Activities Impact Early Exports

Achim Walter, Thomas Ritter, Nicole Coviello, Nora Otte

    Research output: Contribution to conferencePaperResearchpeer-review

    Abstract

    This paper investigates how early internationalization is impacted by certain pre-founding innovation activities of an academic spin-off’s team. Framed in the imprinting, experiential knowledge and network literatures, we combine and assess patent analysis with survey data. Our findings link the founding teams’ pre-foundation R&D and customer collaborations to early exports. We also show that pre-foundation involvement in these various forms of collaboration, as well as a diverse stock of prior technical knowledge, can compensate for a lack of business experience in the team. The results also show that prior business experience does not predict very early export (within three years). Our results offer fresh insight to the international business and international entrepreneurship literatures, and implications for policy development. In particular, international R&D collaborations at public research institutions should be fostered to allow academic spin-offs the greatest potential for early internationalization of their technology.
    Original languageEnglish
    Publication date2015
    Number of pages28
    Publication statusPublished - 2015
    EventThe Academy of Management Annual Meeting 2015: Opening Governance - Vancouver, Canada
    Duration: 7 Aug 201511 Aug 2015
    Conference number: 75
    http://aom.org/annualmeeting/

    Conference

    ConferenceThe Academy of Management Annual Meeting 2015
    Number75
    CountryCanada
    CityVancouver
    Period07/08/201511/08/2015
    Internet address

    Bibliographical note

    CBS Library does not have access to the material

    Keywords

    • Academic spin-off
    • Early internationalization
    • Innovation

    Cite this

    Walter, A., Ritter, T., Coviello, N., & Otte, N. (2015). Who Needs Business Experience? How Pre-Foundation Innovation Activities Impact Early Exports. Paper presented at The Academy of Management Annual Meeting 2015, Vancouver, Canada.
    Walter, Achim ; Ritter, Thomas ; Coviello, Nicole ; Otte, Nora. / Who Needs Business Experience? How Pre-Foundation Innovation Activities Impact Early Exports. Paper presented at The Academy of Management Annual Meeting 2015, Vancouver, Canada.28 p.
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    author = "Achim Walter and Thomas Ritter and Nicole Coviello and Nora Otte",
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    Walter, A, Ritter, T, Coviello, N & Otte, N 2015, 'Who Needs Business Experience? How Pre-Foundation Innovation Activities Impact Early Exports' Paper presented at, Vancouver, Canada, 07/08/2015 - 11/08/2015, .

    Who Needs Business Experience? How Pre-Foundation Innovation Activities Impact Early Exports. / Walter, Achim; Ritter, Thomas; Coviello, Nicole; Otte, Nora.

    2015. Paper presented at The Academy of Management Annual Meeting 2015, Vancouver, Canada.

    Research output: Contribution to conferencePaperResearchpeer-review

    TY - CONF

    T1 - Who Needs Business Experience?

    T2 - How Pre-Foundation Innovation Activities Impact Early Exports

    AU - Walter, Achim

    AU - Ritter, Thomas

    AU - Coviello, Nicole

    AU - Otte, Nora

    N1 - CBS Library does not have access to the material

    PY - 2015

    Y1 - 2015

    N2 - This paper investigates how early internationalization is impacted by certain pre-founding innovation activities of an academic spin-off’s team. Framed in the imprinting, experiential knowledge and network literatures, we combine and assess patent analysis with survey data. Our findings link the founding teams’ pre-foundation R&D and customer collaborations to early exports. We also show that pre-foundation involvement in these various forms of collaboration, as well as a diverse stock of prior technical knowledge, can compensate for a lack of business experience in the team. The results also show that prior business experience does not predict very early export (within three years). Our results offer fresh insight to the international business and international entrepreneurship literatures, and implications for policy development. In particular, international R&D collaborations at public research institutions should be fostered to allow academic spin-offs the greatest potential for early internationalization of their technology.

    AB - This paper investigates how early internationalization is impacted by certain pre-founding innovation activities of an academic spin-off’s team. Framed in the imprinting, experiential knowledge and network literatures, we combine and assess patent analysis with survey data. Our findings link the founding teams’ pre-foundation R&D and customer collaborations to early exports. We also show that pre-foundation involvement in these various forms of collaboration, as well as a diverse stock of prior technical knowledge, can compensate for a lack of business experience in the team. The results also show that prior business experience does not predict very early export (within three years). Our results offer fresh insight to the international business and international entrepreneurship literatures, and implications for policy development. In particular, international R&D collaborations at public research institutions should be fostered to allow academic spin-offs the greatest potential for early internationalization of their technology.

    KW - Academic spin-off

    KW - Early internationalization

    KW - Innovation

    KW - Academic spin-off

    KW - Early internationalization

    KW - Innovation

    M3 - Paper

    ER -

    Walter A, Ritter T, Coviello N, Otte N. Who Needs Business Experience? How Pre-Foundation Innovation Activities Impact Early Exports. 2015. Paper presented at The Academy of Management Annual Meeting 2015, Vancouver, Canada.