Due to a lack of resources in new high-tech firms market access is quite diffcult. Furthermore, they do not have a reputation in the market for reliable products. Contractual arrangements with more established firms, such as licensing agreements, are one way for new firms to profit from...

The aim of this paper is to explain successful product and service innovation by spin-offs from public research centres and to investigate how innovativeness, stage of development, market knowledge and parent support influence the market entry and the long term market performance of spin-offs....

In this paper, we address spin-off ventures from research centres. Based on an analysis of existing empirical studies on spin-offs we identify major groups of success factors. Empirical evidence shows a notable lack of studies which refer to the technology transfer process, especially the...