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Initial and further business development: highlights from business model, open innovation, and knowledge management perspectives

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  • Laurent Scaringella

Abstract

In a technological spin-off, initial and further business development is a two-stage challenge of survival and growth. Spin-offs' business development relies on the design and renewal of an adequate business model, effective open innovation, and advanced knowledge management. This study describes the initial and further business development of a successful spin-off, MEMS%Co, through a longitudinal case study. The business model benefited from specific revenue/investments streams from clients and was subsequently supplemented by new business models in novel applications. Open innovation offered a unique outside-in process from universities, suppliers, and research centres and then transformed into an advanced new process. Knowledge management focused on cross-technical knowledge modularity and subsequently on knowledge recombination.

Suggested Citation

  • Laurent Scaringella, 2018. "Initial and further business development: highlights from business model, open innovation, and knowledge management perspectives," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 22(1/2), pages 103-125.
    • Handle: RePEc:ids:ijeima:v:22:y:2018:i:1/2:p:103-125
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    Cited by:

    1. Xiangqian Li & Qiang Qiang & Li Huang & Cunquan Huang, 2022. "How Knowledge Sharing Affects Business Model Innovation: An Empirical Study from the Perspective of Ambidextrous Organizational Learning," Sustainability, MDPI, vol. 14(10), pages 1-17, May.

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