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entry strategies. The four main groups of entry strategies are independency entrepreneurship, opportunity entrepreneurship …, spin-out entrepreneurship and necessity entrepreneurship. The results indicate that firms conducting R&D continuously start … new market opportunities as well as spin-out entrepreneurship exhibit a higher initial size while start-ups established …
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For academic spin-off's I analyze the length of time between the founder's leaving of academia and the establishment of his firm. Technology transfer can take place even years after leaving the mother institution. A duration analysis reveals that a longer time-lag is caused by the necessity of...
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