In Search of the Spin-Out Entrepreneur
ABSTRACT: A spin-out happens when an employee quits a company to start a new venture; however, theories do not agree on whether the ‘spin-out entrepreneur’ will start the company in the same or in a different industry. We investigated a sample of 250 entrepreneurs and 120 spin-out companies to under...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2022-09-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2199853122007077 |
| _version_ | 1797391869353656320 |
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| author | Matteo Landoni dt ogilvie |
| author_facet | Matteo Landoni dt ogilvie |
| author_sort | Matteo Landoni |
| collection | DOAJ |
| description | ABSTRACT: A spin-out happens when an employee quits a company to start a new venture; however, theories do not agree on whether the ‘spin-out entrepreneur’ will start the company in the same or in a different industry. We investigated a sample of 250 entrepreneurs and 120 spin-out companies to understand what led an entrepreneur or a group of founders to enter a new industry. Our results contribute to theory, suggesting that spin-out entrepreneurs usually move to different and innovative industries owing to recombination of knowledge in founding teams. Our evidence supports the positive effect of different experiences within the team. |
| first_indexed | 2024-03-08T23:39:53Z |
| format | Article |
| id | doaj.art-a464f0feea414f14a8918e8a22e564c9 |
| institution | Directory Open Access Journal |
| issn | 2199-8531 |
| language | English |
| last_indexed | 2024-03-08T23:39:53Z |
| publishDate | 2022-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj.art-a464f0feea414f14a8918e8a22e564c92023-12-14T05:21:19ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312022-09-0183106In Search of the Spin-Out EntrepreneurMatteo Landoni0dt ogilvie1Department of Economic and Social History, School of Social and Political Sciences, University of Glasgow, Glasgow G12 8RT, UK; Correspondence: ; Tel.: +44-(0)-141-330-5987Saunders College of Business, Rochester Institute of Technology, Rochester, NY 14623, USA;ABSTRACT: A spin-out happens when an employee quits a company to start a new venture; however, theories do not agree on whether the ‘spin-out entrepreneur’ will start the company in the same or in a different industry. We investigated a sample of 250 entrepreneurs and 120 spin-out companies to understand what led an entrepreneur or a group of founders to enter a new industry. Our results contribute to theory, suggesting that spin-out entrepreneurs usually move to different and innovative industries owing to recombination of knowledge in founding teams. Our evidence supports the positive effect of different experiences within the team.http://www.sciencedirect.com/science/article/pii/S2199853122007077spin-outentrepreneurshipindustry experienceentrepreneurial behaviourknowledge floworganisational limitations |
| spellingShingle | Matteo Landoni dt ogilvie In Search of the Spin-Out Entrepreneur Journal of Open Innovation: Technology, Market and Complexity spin-out entrepreneurship industry experience entrepreneurial behaviour knowledge flow organisational limitations |
| title | In Search of the Spin-Out Entrepreneur |
| title_full | In Search of the Spin-Out Entrepreneur |
| title_fullStr | In Search of the Spin-Out Entrepreneur |
| title_full_unstemmed | In Search of the Spin-Out Entrepreneur |
| title_short | In Search of the Spin-Out Entrepreneur |
| title_sort | in search of the spin out entrepreneur |
| topic | spin-out entrepreneurship industry experience entrepreneurial behaviour knowledge flow organisational limitations |
| url | http://www.sciencedirect.com/science/article/pii/S2199853122007077 |
| work_keys_str_mv | AT matteolandoni insearchofthespinoutentrepreneur AT dtogilvie insearchofthespinoutentrepreneur |