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Impact of the Type of Corporate Spin–Off on Growth

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  • Johan Bruneel
  • Els Van de Velde
  • Bart Clarysse

Abstract

Although previous research shows that corporate spin–offs contribute to economic growth, few studies link growth to the type of corporate spin–off. We distinguish between three types of corporate spin–offs: incumbent–backed, opportunity, and necessity spin–offs. Using empirical data on 46 corporate spin–offs in Flanders, we find that opportunity spin–offs outperform the other two types. By identifying the type of corporate spin–offs, this study aims to add to our knowledge on the relationship between spin–off type and firm growth.

Suggested Citation

  • Johan Bruneel & Els Van de Velde & Bart Clarysse, 2013. "Impact of the Type of Corporate Spin–Off on Growth," Entrepreneurship Theory and Practice, , vol. 37(4), pages 943-959, July.
    • Handle: RePEc:sae:entthe:v:37:y:2013:i:4:p:943-959
    DOI: 10.1111/j.1540-6520.2012.00517.x
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