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Exploring the Networking Characteristics of New Venture Founding Teams

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  • Grandi, Alessandro
  • Grimaldi, Rosa

Abstract

This paper deals with newly established ventures and their relations with external agents. The founding teams' intention to set up relations with external agents and their frequency of interaction with external agents are addressed as two features that are likely to lead to the success of academic spin-off companies. Empirical analysis is based on a data set of 40 Italian academic spin-offs. The external agents who are most likely to have interactions with academic spin-off companies are first identified. Two research hypotheses are then put forward: (a) that the intention of the founding teams to set up relations with external agents is influenced by the degree of articulation of roles and the completeness of the founding teams; (b) that the founding teams' frequency of interaction with external agents is influenced by the frequency of interaction with external agents of the research groups of origin and by their scientific and technological excellence. Some remarks are then made on the role that universities play in helping new ventures to set up relations with external agents. Copyright 2003 by Kluwer Academic Publishers

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Bibliographic Info

Article provided by Springer in its journal Small Business Economics.

Volume (Year): 21 (2003)
Issue (Month): 4 (December)
Pages: 329-41

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Handle: RePEc:kap:sbusec:v:21:y:2003:i:4:p:329-41

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Web page: http://www.springerlink.com/link.asp?id=100338

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Cited by:
  1. Landry, Rejean & Amara, Nabil & Rherrad, Imad, 2006. "Why are some university researchers more likely to create spin-offs than others? Evidence from Canadian universities," Research Policy, Elsevier, vol. 35(10), pages 1599-1615, December.
  2. Samantha Bradley & Christopher Hayter & Albert Link, 2013. "Proof of Concept Centers in the United States: an exploratory look," The Journal of Technology Transfer, Springer, Springer, vol. 38(4), pages 349-381, August.
  3. Réjean Landry & Nabil Amara & Malek Saïhi, 2007. "Patenting and spin-off creation by Canadian researchers in engineering and life sciences," The Journal of Technology Transfer, Springer, Springer, vol. 32(3), pages 217-249, June.
  4. Mary Walshok & Josh Shapiro & Nathan Owens, 2014. "Transnational innovation networks aren’t all created equal: towards a classification system," The Journal of Technology Transfer, Springer, Springer, vol. 39(3), pages 345-357, June.
  5. Landry, Réjean & Saïhi, Malek & Amara, Nabil & Ouimet, Mathieu, 2010. "Evidence on how academics manage their portfolio of knowledge transfer activities," Research Policy, Elsevier, vol. 39(10), pages 1387-1403, December.
  6. Inger Pettersen & Anita Tobiassen, 2012. "Are born globals really born globals? The case of academic spin-offs with long development periods," Journal of International Entrepreneurship, Springer, vol. 10(2), pages 117-141, June.
  7. Christopher Hayter, 2013. "Conceptualizing knowledge-based entrepreneurship networks: perspectives from the literature," Small Business Economics, Springer, Springer, vol. 41(4), pages 899-911, December.
  8. Rasmussen, Einar & Borch, Odd Jarl, 2010. "University capabilities in facilitating entrepreneurship: A longitudinal study of spin-off ventures at mid-range universities," Research Policy, Elsevier, vol. 39(5), pages 602-612, June.
  9. Djordje Djokovic & Vangelis Souitaris, 2008. "Spinouts from academic institutions: a literature review with suggestions for further research," The Journal of Technology Transfer, Springer, Springer, vol. 33(3), pages 225-247, June.
  10. López Iturriaga, Félix & Marti­n Cruz, Natalia, 2008. "Antecedents of corporate spin-offs in Spain: A resource-based approach," Research Policy, Elsevier, vol. 37(6-7), pages 1047-1056, July.
  11. Tommy Clausen & Einar Rasmussen, 2013. "Parallel business models and the innovativeness of research-based spin-off ventures," The Journal of Technology Transfer, Springer, Springer, vol. 38(6), pages 836-849, December.
  12. Chiara Balderi & Andrea Piccaluga, 2010. "A theoretical and empirical contribution for a better understanding of academic spin-offs’ growth patterns," Working Papers 201004, Scuola Superiore Sant'Anna of Pisa, Istituto di Management.
  13. Stam, Wouter & Arzlanian, Souren & Elfring, Tom, 2014. "Social capital of entrepreneurs and small firm performance: A meta-analysis of contextual and methodological moderators," Journal of Business Venturing, Elsevier, vol. 29(1), pages 152-173.
  14. Roland Helm & Oliver Mauroner, 2007. "Success of research-based spin-offs. State-of-the-art and guidelines for further research," Review of Managerial Science, Springer, vol. 1(3), pages 237-270, November.

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