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Firms’ genetic characteristics and competence-enlarging strategies: A comparison between academic and non-academic high-tech start-ups

  • Colombo, Massimo G.
  • Piva, Evila
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    This paper argues that academic high-tech start-ups exhibit peculiar “genetic characteristics” that leave an enduring imprint on firm development. We formulate a series of hypotheses on the effects of such genetic characteristics on the post-entry strategies that academic high-tech start-ups adopt to enlarge their initial competence endowments. In the empirical section, we use matched-pair statistical techniques and run several regressions to test the theoretical hypotheses. Our findings contribute to the literature on the antecedents of the strategies adopted by academic high-tech start-ups. They also allow us to derive implications for academic entrepreneurs, university managers and policy makers.

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    Article provided by Elsevier in its journal Research Policy.

    Volume (Year): 41 (2012)
    Issue (Month): 1 ()
    Pages: 79-92

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    Handle: RePEc:eee:respol:v:41:y:2012:i:1:p:79-92
    Contact details of provider: Web page: http://www.elsevier.com/locate/respol

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