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Growth Factors of Research-based Spin-Off Companies

In: The European Entrepreneurship in the Globalizing Economy – Challenges and Opportunities. Proceedings of the International Conference, 9 – 12 September 2008, Varna, Bulgaria

Author

Listed:
  • Anton Slonimski

    (Institute for Economic Research of the Ministry of Economy of Belarus, Department for Economy of Science and Innovation Activity, Minsk, Belarus)

  • Anna Pobol

    (Belarusian State University, Department for Theoretical and Institutional Economy, Minsk, Belarus)

Abstract

This paper is built on findings from case studies with 15 research-based spin-off companies (RSOs) undertaken in Belarus in 2003-2007. It considers the demand, supply and specific factors influencing the direction, speed and mode of growth of RSOs: those specific to Belarus as a Post-Soviet economy, and those common in the world due to economic nature of RSOs. The factors shaping the geography of RSO’s market (international vs. local) are distinguished. Special attention is paid to economic relations and in particular conflicts of interests between RSO‘s internal decision-makers and external actors as factors impacting RSO’s growth trajectories. .

Suggested Citation

  • Anton Slonimski & Anna Pobol, 2009. "Growth Factors of Research-based Spin-Off Companies," Conference Proceedings Chapters, in: Ken O’Neill & Kiril Todorov (ed.), The European Entrepreneurship in the Globalizing Economy – Challenges and Opportunities. Proceedings of the International Conference, 9 – 12 September, edition 1, chapter 127, pages 47-67, Bulgarian Association for Management Development and Entrepreneurship.
    • Handle: RePEc:mdv:cpchap:y:2008:3
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