Imprinting and the progeny of university spin-offs

被引：0
作者：
Michael P. Ciuchta
Yan Gong
Anne S. Miner
Chaim Letwin
Anthony Sadler
机构：
[1] University of Massachusetts Lowell,Wisconsin School of Business
[2] China Europe International Business School,Andreas School of Business
[3] University of Wisconsin – Madison,undefined
[4] Suffolk University,undefined
[5] Barry University,undefined
来源：
The Journal of Technology Transfer | 2016年 / 41卷
关键词：
Entrepreneurship; University spin-offs; Imprinting; Venture capital; Regional development; L26; M13; R11;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
In this paper, we employ a genealogical imprinting approach to theorize that experiences incurred during the founding of a first-generation university spin-off will influence future spin-off activity from the focal firm. We propose that firms that secure equity investment during their founding process will have a higher likelihood of generating subsequent spin-offs, and that this impact is conditional on the human capital of the founding team. We test our hypotheses on a sample of 101 first generation university spin-offs around a large US research university and their subsequent progeny firms. This study develops a new understanding of multi-generational spin-off processes in a region.
引用
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页码：1113 / 1134
页数：21
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