Various incubation strategies for spinning out companies used by European research institutes are examined.The paper focuses on two central issues: (1) a comparison of the goals and objectives of research institutions for creating new spinout ventures, and (2) the various incubation strategies...

Using a dataset comprising 88 Private Equity (PE) backed Leveraged Buyouts (LBOs) completed and exited during the period 1999-2008, this study sheds new light on the impact of buyout vendor source and PE investor experience on post-buyout efficiency during the first 3 years after the...

Entrepreneurial ecosystems command increasing attention from policy-makers, academics, and practitioners, yet the phenomenon itself remains under-theorized. Specifically, the conceptual similarities and differences of entrepreneurial ecosystems relative to, e.g., clusters, ‘knowledge...

This review and introduction to the Special Issue on 'Strategy Research in Emerging Economies' considers the nature of theoretical contributions thus far on strategy in emerging economies. We classify the research through four strategic options: (1) firms from developed economies entering...

The impact of management buy-outs (MBO) on strategy and managementcontrol systems (MCS) is little understood. Previous research by Jones(1992) focused on efficiency-enhancing buy-outs that were a feature ofthe early development of the market. However, MBOs are heterogeneousand more recent...

Human capital and fund characteristics both impactfollow-up behavior of venture capital (VC) firms. However, little research hasexamined the relationship between human capital and fund characteristics andthe ways in which they impact follow-up activities.The conceptual issuesrelated to VC and...