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  • 2004
This paper explores the different incubation strategies for spinning-out companies employed by European Research Institutions. More specifically we focus on two central questions: (i) What differences or similarities are there in the goals and objectives of the Research Institutions for creating new spinout ventures? (ii) What different incubation(More)
This paper studies the initial resources on which new organizations are based and how these resources interact with the institutional origin and market characteristics. Using a unique hand-collected dataset of research-based start-ups, we empirically test how technological, financial and human resources relate to each other to form distinct starting(More)
This article addresses a critical issue for entrepreneurs and managers pursuing internation-alization strategies: how fi rms can accumulate the knowledge and skills required for successful international expansion. Specifi cally, we examine how young fi rms may compensate for their lack of fi rm-level international experience by utilizing other sources of(More)
Although the commercialization of research has become an increasingly important issue for academics as well as policy makers, much less is known about spinning off firms as a tool for technology transfer from universities and research organizations, especially from a process perspective. Drawing on case study as well as a European wide survey, this paper(More)
The launch of the first product is an important event for start-ups, because it takes the new venture closer to growth, profitability and financial independence. However, entrepreneurship literature lacks theory and data on new product development and innovation speed. Integrating insights form new product development literature with resource-based theory,(More)
This paper uses a unique dataset to examine the neglected but important issue concerning the relationship between the human capital and fund characteristics of venture capitalists and post-investment follow-up behavior in early stage high tech investments. We found no indication that involvement in monitoring activities by the investment manager is(More)
The recent interest in 'network' forms of organization serves as a starting point to better understand the dynamic characteristics of technology development. Network theory allows one to describe the relations between 'actors' involved in the development of new technologies both cross-sectionally and longitudinally and, as a consequence, to model the(More)