The launch of the first product is an important event for start-ups, because it takes the new venture closer to growth, profitability and financial independence. However, entrepreneurship literature lacks theory and data on new product development and innovation speed. Integrating insights form...

This paper studies what initial resource endowments new organizations assemble and the interaction between initial resources, entrepreneurial orientation and environmental factors. More specifically, we study the initial resources of research-based start-ups (RBSUs), which are defined as new...

Within the UK, considerable policy support has been provided to create multi-disciplinary institutes to encourage academics to develop new knowledge to address industry and societal problems. We consider four large traditional UK universities that have gained significant funding for such...

This paper uses a unique dataset to examine the neglected but important issue concerning the relationship between the human capital and fund characteristics of venture capitalists and post-investment follow-up behavior in early stage high tech investments. We found no indication that involvement...

Nurturing and growing innovative start-ups has become an important point on the political agenda. However, many financial schemes and incubation initiatives that were started up in the mid-nineties were cancelled or down scaled after the dot com bubble. There was a consensus that innovative...

A persistent question surrounding corporate spin-offs is: ‘What accounts for the performance of corporate spin-offs? In order to be able to provide an answer to this question, we have reviewed the literature on corporate spin-offs. We found that after two decades of studying corporate...

Corporate entrepreneurship and corporate spin-offs have gained importance over the last decades. Corporate spin-offs play an increasingly important role in the development and growth of emerging, high-technology industries, thereby contributing to economic growth. While previous studies on...

This paper explores the different incubation strategies for spinning-out companies employed by European Research Institutions. More specifically we focus on two central questions: (i) What differences or similarities are there in the goals and objectives of the Research Institutions for creating...

The increased pressure put on public research institutes to commercialize their research results has given rise to an increased academic interest in technology transfer in general and science based entrepreneurial firms specifically. By building on innovation speed and knowledge literatures,...

This study takes an institutional perspective on spinning off ventures as a venue for commercialising research. The central question dealt with is the following: are the resource endowments of spin-outs at time of founding influenced by the way in which the overall technology transfer process is...