Innovation and market characteristics and success of new research-based spin-off products
In this paper, we address spin-off ventures from research centres. Based on an analysis of existing empirical studies on spin-offs we identify major groups of success factors. Empirical evidence shows a notable lack of studies which refer to the technology transfer process, especially the conversion of research results into marketable products or services. We present an empirical investigation on spin-offs from public research centres in Germany. The results show the impact of technological maturity and innovativeness of the starting idea, and the market uncertainty on successful product and service innovation by spin-offs. Furthermore, the study confirms the generally positive relationship between innovation speed and the achievement of competitive advantages.
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|Date of creation:||05 Mar 2007|
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