Research valorisation through spin-off ventures: Integration of existing concepts and typologies

The research domain of innovation and entrepreneurship is relatively young and fragmented. Therefore, no consensus exists on the definition of the main concepts. This paper intends to both elucidate (the differences between) the concepts of ‘spinoff’ and ‘spin-out’ and, starting from existing literature typologies, to integrate several existing spin-off taxonomies, classifications and typologies in order to create a clear and complete framework for further research. This way, 10 different ‘ideal’ spin-off and spin-out types will be defined. The resulting integrated typology will be illustrated in view of its practical and theoretical implications.