University spin-off's performance: Capabilities and networks of founding teams at creation phase.

Huynh, T., Patton, D., Arias-Aranda, D. and Molina-Fernández, L., 2017. University spin-off's performance: Capabilities and networks of founding teams at creation phase. Journal of business research, 78 (September), pp. 10-22.

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DOI: 10.1016/j.jbusres.2017.04.015

Abstract

The extant literature highlights that environmental conditions, during the creation phase, imprint on a start-up’s survival and growth. However, there are few studies that explore the composite nature of a founding team’s capabilities and networks, developed within this phase, and the contribution made to future performance. This paper uses the distinctive context of university spin-offs, where early stage ventures are fostered by institutional interventions, to analyse the influence that the capabilities and networks of a founding team, at incorporation, have upon the future performance of the spin-off. Based on data from 181 university spin-offs, this paper empirically demonstrates that the entrepreneurial capabilities of a founding team, augmented during the ‘creation’ phase, have a positive influence on the performance of a spin-off during the ‘growth’ phase, and that the networks of a founding team indirectly affect a spin-off’s performance through the enhancement of a team’s entrepreneurial capabilities.

Item Type:Article
ISSN:0148-2963
Uncontrolled Keywords:University spin-offs ; Founding teams ; Entrepreneurial capabilities ; Networks ; Incubation
Group:Faculty of Management
ID Code:29149
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:08 May 2017 13:35
Last Modified:08 May 2017 13:35

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