Advanced Search
MyIDEAS: Login to save this article or follow this journal

Knowledge conversion capability and the performance of corporate and university spin-offs

Contents:

Author Info

  • Shaker A. Zahra
  • Els Van de Velde
  • B�rbara Larra�eta
Registered author(s):

    Abstract

    Corporate and university spin-offs are often created to commercialize new technologies. Yet, it is not clear how these spin-offs transform their inventions into new products, goods and services that create value. In this article, we use the knowledge-based theory to argue that this transformation requires a "knowledge conversion capability" (KCC) that has three components: conceptualization and visioning of applications of that knowledge; configuration and design of potential products and other applications; and the embodiment and integration of knowledge into products. Using data from 91 corporate and 78 university spin-offs, we find that these two sets of firms differ in their emphasis on the three KCC components, benefit differentially from these three components in terms of their performance, and vary significantly in their performance. Copyright 2007 , Oxford University Press.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://hdl.handle.net/10.1093/icc/dtm018
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Oxford University Press in its journal Industrial and Corporate Change.

    Volume (Year): 16 (2007)
    Issue (Month): 4 (August)
    Pages: 569-608

    as in new window
    Handle: RePEc:oup:indcch:v:16:y:2007:i:4:p:569-608

    Contact details of provider:
    Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
    Fax: 01865 267 985
    Email:
    Web page: http://icc.oupjournals.org/

    Order Information:
    Web: http://www.oup.co.uk/journals

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Bradley, Samantha R. & Hayter, Christopher S. & Link, Albert N., 2013. "Proof of Concept Centers in the United States: An Exploratory Look," Working Papers, University of North Carolina at Greensboro, Department of Economics 13-4, University of North Carolina at Greensboro, Department of Economics.
    2. Einar Rasmussen & Paul Benneworth & Magnus Gulbrandsen, 2013. "Scoping paper: Developing University Innovation Capacity: How can innovation policy effectively harness universities’ capability to promote high-growth technology businesses?," Working Papers on Innovation Studies, Centre for Technology, Innovation and Culture, University of Oslo 20131007, Centre for Technology, Innovation and Culture, University of Oslo.
    3. Stephan, Andreas, 2012. "Are Research Spin-Offs More Innovative? Evidence from a Matching Analysis," Working Paper Series in Economics and Institutions of Innovation, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies 287, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    4. 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, Springer, vol. 10(2), pages 117-141, June.
    5. E. Van De Velde & B. Clarysse & M. Wright, 2008. "The Technology Endowments of Spin-off Companies," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration 08/513, Ghent University, Faculty of Economics and Business Administration.
    6. Junfu Zhang, 2009. "The performance of university spin-offs: an exploratory analysis using venture capital data," The Journal of Technology Transfer, Springer, Springer, vol. 34(3), pages 255-285, June.
    7. Czarnitzki, Dirk & Rammer, Christian & Toole, Andrew A., 2013. "University spinoffs and the 'performance premium'," ZEW Discussion Papers, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research 13-004, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    8. Heinrichs, Simon & Walter, Sascha, 2013. "Don’t Step Into Your Parent’s Shoes – How Exploitation and Exploration Affect Spin-out Growth," EconStor Preprints, ZBW - German National Library of Economics 68591, ZBW - German National Library of Economics.
    9. 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, Elsevier, vol. 39(5), pages 602-612, June.
    10. Rasmussen, Einar & Mosey, Simon & Wright, Mike, 2014. "The influence of university departments on the evolution of entrepreneurial competencies in spin-off ventures," Research Policy, Elsevier, Elsevier, vol. 43(1), pages 92-106.
    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. Yagüe-Perales, Rosa M. & March-Chordà, Isidre, 2012. "Performance analysis of research spin-offs in the Spanish biotechnology industry," Journal of Business Research, Elsevier, Elsevier, vol. 65(12), pages 1782-1789.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:oup:indcch:v:16:y:2007:i:4:p:569-608. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.