In Search of the Spin-Out Entrepreneur
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...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2022-06-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2199-8531/8/3/106 |
| _version_ | 1797642195693469696 |
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| author | Matteo Landoni dt ogilvie |
| author_facet | Matteo Landoni dt ogilvie |
| author_sort | Matteo Landoni |
| collection | DOAJ |
| description | 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 | 2024-03-11T13:56:42Z |
| format | Article |
| id | doaj.art-f34b4cf75bae432a99266e04a7d679a1 |
| institution | Directory Open Access Journal |
| issn | 2199-8531 |
| language | English |
| last_indexed | 2024-03-11T13:56:42Z |
| publishDate | 2022-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj.art-f34b4cf75bae432a99266e04a7d679a12023-11-02T06:53:43ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312022-06-01810610610.3390/joitmc8030106In 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, UKSaunders College of Business, Rochester Institute of Technology, Rochester, NY 14623, USAA 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.https://www.mdpi.com/2199-8531/8/3/106spin-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 | https://www.mdpi.com/2199-8531/8/3/106 |
| work_keys_str_mv | AT matteolandoni insearchofthespinoutentrepreneur AT dtogilvie insearchofthespinoutentrepreneur |