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Network and firm antecedents of spin-offs: Motherhooding spin-offs

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Author Info
Manuel Portugal Ferreira () (Escola Superior de Tecnologia e Gestão, Instituto Politécnico de Leiria)
Ana Teresa Tavares () (CEMPRE, Faculdade de Economia, Universidade do Porto)
William Hesterly () (David Eccles School of Business, The University of Utah)
Sungu Armagan () (David Eccles School of Business, The University of Utah)

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Abstract

We advance firm and network conditions that are favorable for the gestation of new spin-offs by entrepreneurial employees that exit the mother firm to constitute their own companies. This type of entrepreneurial activity has some unique characteristics. We suggest that spin-offs from certain parent firms have fundamental network benefits that increase their likelihood of survival and success. These benefits accrue on the form of social resources and a unique embeddedness in networks of other offspring and mother firms, and do not require the spin-offs to engage in any direct exchanges with the parent firm. The process which we call 'motherhood' highlights the potential for a mother-progeny and child-child model that promotes entrepreneurial action through spin-offs, and allow us to understand the conditions under which interorganizational networks of firms emerge and thrive as an entrepreneurial process. We conclude that considering a motherhood process, with the characteristics defined in this paper, contributes to the study of entrepreneurship and network evolution.

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Publisher Info
Paper provided by Universidade do Porto, Faculdade de Economia do Porto in its series FEP Working Papers with number 201.

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Length: 30 pages
Date of creation: Feb 2006
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Handle: RePEc:por:fepwps:201

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Related research
Keywords: Entrepreneurship spin-offs motherhood network benefits

Find related papers by JEL classification:
M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation

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