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R&D strategies and entrepreneurial spawning
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Economics, Finance and Statistics. Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Center for Family Enterprise and Ownership (CeFEO). Royal Inst Technol KTH, Ctr Excellence Sci & Innovat Studies CESIS, SE-10044 Stockholm, Sweden .
Nordregio, Nord Ctr Spatial Dev, Stockholm, Sweden.
Royal Inst Technol KTH, Ctr Excellence Sci & Innovat Studies CESIS, SE-10044 Stockholm, Sweden .
2012 (engelsk)Inngår i: Research Policy, ISSN 0048-7333, E-ISSN 1873-7625, Vol. 41, nr 1, s. 54-68Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

This paper analyzes how different R&D strategies of incumbent firms affect the quantity and quality of their entrepreneurial spawning. When examining entrepreneurial ventures of ex-employees of firms with different R&D strategies, three things emerge: First, firms with persistent R&D investments and a general superiority in sales, exports, productivity, profitability and wages are less likely to generate entrepreneurs than firms with temporary or no R&D investments. Second, start-ups from knowledge intensive business service (RIBS) firms with persistent R&D investments have a significantly increased probability of survival. No corresponding association between the R&D strategies of incumbents and survival of entrepreneurial spawns is found for incumbents in manufacturing sectors. Third, spin-outs from KIBS-firms are more likely to survive if they start in the same sector, indicating the importance of inherited knowledge. These findings suggest that R&D intensive firms are less likely to generate employee start-ups, but their entrepreneurial spawns tend to be of higher quality.

sted, utgiver, år, opplag, sider
2012. Vol. 41, nr 1, s. 54-68
Emneord [en]
Entrepreneurship, Self-employment, R&D strategy, Innovation, New firms, Spin-off
HSV kategori
Identifikatorer
URN: urn:nbn:se:hj:diva-22034DOI: 10.1016/j.respol.2011.08.005ISI: 000298909700005Scopus ID: 2-s2.0-81855199033OAI: oai:DiVA.org:hj-22034DiVA, id: diva2:650981
Tilgjengelig fra: 2013-09-24 Laget: 2013-09-24 Sist oppdatert: 2018-10-23bibliografisk kontrollert

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