United we stand? Organizational groups and spinoff mortality in the context of academic entrepreneurship
We study failures between 1993 and 2017 in the complete population of 1731 English and Scottish university spinoffs founded since 1977. We borrow and expand the concept of density dependence from organizational ecology to theorize that a spinoff's propensity to fail is affected by the number of...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Elsevier
2024
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| Subjects: | |
| Online Access: | https://repository.londonmet.ac.uk/9841/1/Gotsopoulos%20%26%20Pitsakis_2024_Journal%20of%20Business%20Venturing.pdf |
| _version_ | 1824446503985348608 |
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| author | Gotsopoulos, Aleksios Pitsakis, Konstantinos |
| author_facet | Gotsopoulos, Aleksios Pitsakis, Konstantinos |
| author_sort | Gotsopoulos, Aleksios |
| collection | LMU |
| description | We study failures between 1993 and 2017 in the complete population of 1731 English and Scottish university spinoffs founded since 1977. We borrow and expand the concept of density dependence from organizational ecology to theorize that a spinoff's propensity to fail is affected by the number of spinoffs active not only in the aggregate population but also within its parent university's portfolio. We contribute to organizational theory, demonstrating the importance of organizational groups that form within larger populations on individual organizations' propensity to fail. We contribute to literature on academic entrepreneurship showing that, for most universities, spinoff portfolio growth can lower associated spinoffs' failure rates, but that such effects need to be juxtaposed to the aggregate population's finite capacity to support an expanding number of spinoffs. |
| first_indexed | 2025-02-19T01:16:12Z |
| format | Article |
| id | oai:repository.londonmet.ac.uk:9841 |
| institution | London Metropolitan University |
| language | English |
| last_indexed | 2025-02-19T01:16:12Z |
| publishDate | 2024 |
| publisher | Elsevier |
| record_format | eprints |
| spelling | oai:repository.londonmet.ac.uk:98412024-11-15T14:40:34Z https://repository.londonmet.ac.uk/9841/ United we stand? Organizational groups and spinoff mortality in the context of academic entrepreneurship Gotsopoulos, Aleksios Pitsakis, Konstantinos 370 Education 650 Management & auxiliary services We study failures between 1993 and 2017 in the complete population of 1731 English and Scottish university spinoffs founded since 1977. We borrow and expand the concept of density dependence from organizational ecology to theorize that a spinoff's propensity to fail is affected by the number of spinoffs active not only in the aggregate population but also within its parent university's portfolio. We contribute to organizational theory, demonstrating the importance of organizational groups that form within larger populations on individual organizations' propensity to fail. We contribute to literature on academic entrepreneurship showing that, for most universities, spinoff portfolio growth can lower associated spinoffs' failure rates, but that such effects need to be juxtaposed to the aggregate population's finite capacity to support an expanding number of spinoffs. Elsevier 2024-01-01 Article PeerReviewed text en https://repository.londonmet.ac.uk/9841/1/Gotsopoulos%20%26%20Pitsakis_2024_Journal%20of%20Business%20Venturing.pdf Gotsopoulos, Aleksios and Pitsakis, Konstantinos (2024) United we stand? Organizational groups and spinoff mortality in the context of academic entrepreneurship. Journal of Business Venturing, 39 (1). p. 106360. ISSN 0883-9026 https://doi.org/10.1016/j.jbusvent.2023.106360 doi:10.1016/j.jbusvent.2023.106360 doi:10.1016/j.jbusvent.2023.106360 |
| spellingShingle | 370 Education 650 Management & auxiliary services Gotsopoulos, Aleksios Pitsakis, Konstantinos United we stand? Organizational groups and spinoff mortality in the context of academic entrepreneurship |
| title | United we stand? Organizational groups and spinoff mortality in the context of academic entrepreneurship |
| title_full | United we stand? Organizational groups and spinoff mortality in the context of academic entrepreneurship |
| title_fullStr | United we stand? Organizational groups and spinoff mortality in the context of academic entrepreneurship |
| title_full_unstemmed | United we stand? Organizational groups and spinoff mortality in the context of academic entrepreneurship |
| title_short | United we stand? Organizational groups and spinoff mortality in the context of academic entrepreneurship |
| title_sort | united we stand organizational groups and spinoff mortality in the context of academic entrepreneurship |
| topic | 370 Education 650 Management & auxiliary services |
| url | https://repository.londonmet.ac.uk/9841/1/Gotsopoulos%20%26%20Pitsakis_2024_Journal%20of%20Business%20Venturing.pdf |
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