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Determinants of growth in research spin-offs: a resource-based perspective

Author

Listed:
  • Elisa Salvador

    (ESSCA - Ecole Supérieure des Sciences Commerciales d'Angers)

  • Cristina Marullo

    (SSSUP - Scuola Universitaria Superiore Sant'Anna [Pisa])

  • Andrea Piccaluga

    (SSSUP - Scuola Universitaria Superiore Sant'Anna [Pisa])

Abstract

There are strong expectations towards research spin-offs, but insufficient empirical evidence still exists on the determinants of growth of such companies. The aim of this paper is to contribute to the debate on growth -or non-growth- of research spin-offs through a focus on Italy. A resource-based perspective is adopted for identifying the crucial determinants of competitive advantage of these companies, and an OLS regression analysis is performed to assess the impact of initial resources on growth in revenues and employees. Our analysis highlights unexpected results about the involvement of industrial partners, venture capitalists, size of IPRs' portfolio at founding and previous experience of the promoting partners.

Suggested Citation

  • Elisa Salvador & Cristina Marullo & Andrea Piccaluga, 2019. "Determinants of growth in research spin-offs: a resource-based perspective," Post-Print hal-02336465, HAL.
    • Handle: RePEc:hal:journl:hal-02336465
    Note: View the original document on HAL open archive server: https://hal.science/hal-02336465
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    References listed on IDEAS

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    Keywords

    Knowledge valorisation; Technology transfer; research spin-offs; Academic entrepreneurship; Resource-based view;
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