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The effect of entrepreneurial origin on firms’ performance: the case of Portuguese academic spinoffs

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  • Natália Barbosa
  • Ana Paula Faria

Abstract

We investigate the role of entrepreneurial origin on firms’ performance by comparing academic spinoff firms with their non-academic counterparts. Academic spinoffs grow through resources accumulation and internationalization; yet they do not translate these advantages into productivity gains. The access to upstream complementary resources appears to play a chief role in explaining the academic spinoffs’ superior performance. Academic spinoffs are contributing to economic development by creating new jobs, but their relevance as a source of sustained economic value is limited so far.

Suggested Citation

  • Natália Barbosa & Ana Paula Faria, 2020. "The effect of entrepreneurial origin on firms’ performance: the case of Portuguese academic spinoffs," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(1), pages 25-42.
    • Handle: RePEc:oup:indcch:v:29:y:2020:i:1:p:25-42.
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    File URL: http://hdl.handle.net/10.1093/icc/dtz028
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    Cited by:

    1. Desislava Yordanova & José António Filipe & Manuel Pacheco Coelho, 2020. "Technopreneurial Intentions among Bulgarian STEM Students: The Role of University," Sustainability, MDPI, vol. 12(16), pages 1-19, August.
    2. Prokop, Daniel, 2021. "University entrepreneurial ecosystems and spinoff companies: Configurations, developments and outcomes," Technovation, Elsevier, vol. 107(C).

    More about this item

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm

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