There are strong expectations towards research spin-offs, but insufficient empirical evidence still exists on the determinants of growth of such companies. The aim of this paper is to contribute to the debate on growth -or non-growth- of research spin-offs through a focus on Italy. A resource-based perspective is adopted for identifying the crucial determinants of competitive advantage of these companies, and an OLS regression analysis is performed to assess the impact of initial resources on growth in revenues and employees. Our analysis highlights unexpected results about the involvement of industrial partners, venture capitalists, size of IPRs’ portfolio at founding and previous experience of the promoting partners.
Determinants of growth in research spin-offs: a resource-based perspective / Salvador, Elisa; Marullo, Cristina; Piccaluga, Andrea. - In: LA REVUE DES SCIENCES DE GESTION. - ISSN 1160-7742. - ELETTRONICO. - 133:(2019), pp. 53-78.
Determinants of growth in research spin-offs: a resource-based perspective
Salvador, Elisa;Marullo, Cristina;
2019
Abstract
There are strong expectations towards research spin-offs, but insufficient empirical evidence still exists on the determinants of growth of such companies. The aim of this paper is to contribute to the debate on growth -or non-growth- of research spin-offs through a focus on Italy. A resource-based perspective is adopted for identifying the crucial determinants of competitive advantage of these companies, and an OLS regression analysis is performed to assess the impact of initial resources on growth in revenues and employees. Our analysis highlights unexpected results about the involvement of industrial partners, venture capitalists, size of IPRs’ portfolio at founding and previous experience of the promoting partners.File | Dimensione | Formato | |
---|---|---|---|
10 - RSDG 2019.pdf
non disponibili
Tipologia:
2a Post-print versione editoriale / Version of Record
Licenza:
Non Pubblico - Accesso privato/ristretto
Dimensione
171.94 kB
Formato
Adobe PDF
|
171.94 kB | Adobe PDF | Visualizza/Apri Richiedi una copia |
Pubblicazioni consigliate
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
https://hdl.handle.net/11583/2971456