Spinoffs versus non-spinoff entrepreneurs: Exploring post-bubble Japan’s entrepreneurial ecosystem

Purpose - The purpose of this study is to explore the role of spinoff entrepreneurs in the post-bubble Japan and ultimately to facilitate policy reforms that benefit entrepreneurs most in need of support. Design/methodology/approach - This study adopts a survey of Japanese entrepreneurs from 2003 to...

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Main Authors: Ye Jin Park, Young Won Park
Format: Article
Language:English
Published: Emerald Publishing 2018-09-01
Series:Asia Pacific Journal of Innovation and Entrepreneurship
Subjects:
Online Access:https://www.emeraldinsight.com/doi/pdfplus/10.1108/APJIE-04-2018-0020
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author Ye Jin Park
Young Won Park
author_facet Ye Jin Park
Young Won Park
author_sort Ye Jin Park
collection DOAJ
description Purpose - The purpose of this study is to explore the role of spinoff entrepreneurs in the post-bubble Japan and ultimately to facilitate policy reforms that benefit entrepreneurs most in need of support. Design/methodology/approach - This study adopts a survey of Japanese entrepreneurs from 2003 to 2013. Exploiting the survey questions, the authors separate spinoff startups from the non-spinoff startups. Using this data set, this study first performs a logistic regression, followed by a chi-squared independence test between spinoff startups and firm performance. Findings - This study finds that while both human and social capital predict the probability of a firm’s positive performance, industry experience was the strongest predictor for the probability of performance. Originality/value - As Garvin (1983) stated, most research on spinoffs are limited to both industry type and location. The theoretical contribution of this study is to broaden the applicability of current entrepreneurship theories by considering industries beyond technological startups. The practical value of this study is to begin evaluating policies and their interaction effect with cultural context.
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spelling doaj.art-5e51b31d18934580a4683909dfa612112022-12-22T04:27:26ZengEmerald PublishingAsia Pacific Journal of Innovation and Entrepreneurship2071-13952398-78122018-09-0112214616410.1108/APJIE-04-2018-0020613363Spinoffs versus non-spinoff entrepreneurs: Exploring post-bubble Japan’s entrepreneurial ecosystemYe Jin Park0Young Won Park1Department of Global Affairs, Yale-NUS College, SingaporeGraduate School of Humanities and Social Sciences, Saitama University, Saitama, JapanPurpose - The purpose of this study is to explore the role of spinoff entrepreneurs in the post-bubble Japan and ultimately to facilitate policy reforms that benefit entrepreneurs most in need of support. Design/methodology/approach - This study adopts a survey of Japanese entrepreneurs from 2003 to 2013. Exploiting the survey questions, the authors separate spinoff startups from the non-spinoff startups. Using this data set, this study first performs a logistic regression, followed by a chi-squared independence test between spinoff startups and firm performance. Findings - This study finds that while both human and social capital predict the probability of a firm’s positive performance, industry experience was the strongest predictor for the probability of performance. Originality/value - As Garvin (1983) stated, most research on spinoffs are limited to both industry type and location. The theoretical contribution of this study is to broaden the applicability of current entrepreneurship theories by considering industries beyond technological startups. The practical value of this study is to begin evaluating policies and their interaction effect with cultural context.https://www.emeraldinsight.com/doi/pdfplus/10.1108/APJIE-04-2018-0020JapanSocial CapitalPerformanceHuman CapitalSpinoffsIndustry experience
spellingShingle Ye Jin Park
Young Won Park
Spinoffs versus non-spinoff entrepreneurs: Exploring post-bubble Japan’s entrepreneurial ecosystem
Asia Pacific Journal of Innovation and Entrepreneurship
Japan
Social Capital
Performance
Human Capital
Spinoffs
Industry experience
title Spinoffs versus non-spinoff entrepreneurs: Exploring post-bubble Japan’s entrepreneurial ecosystem
title_full Spinoffs versus non-spinoff entrepreneurs: Exploring post-bubble Japan’s entrepreneurial ecosystem
title_fullStr Spinoffs versus non-spinoff entrepreneurs: Exploring post-bubble Japan’s entrepreneurial ecosystem
title_full_unstemmed Spinoffs versus non-spinoff entrepreneurs: Exploring post-bubble Japan’s entrepreneurial ecosystem
title_short Spinoffs versus non-spinoff entrepreneurs: Exploring post-bubble Japan’s entrepreneurial ecosystem
title_sort spinoffs versus non spinoff entrepreneurs exploring post bubble japan s entrepreneurial ecosystem
topic Japan
Social Capital
Performance
Human Capital
Spinoffs
Industry experience
url https://www.emeraldinsight.com/doi/pdfplus/10.1108/APJIE-04-2018-0020
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