This study analyzes the antecedents of technology spin-off resulting from the exploitation of patented technology developed in established firms and then transferred to a new organization. We hypothesize and empirically examine how teamwork and autonomy, two key dimensions of the established organization’s inventive activity, correlate with spin-off formation. The results, based on a large-scale survey of inventors, show that (1) inventive activities organized as teamwork are less likely to engender the creation of a new firm and (2) granting strategic autonomy increases the likelihood of a spin-off whereas structural autonomy decreases the chances of a spin-off.
Technology spin-offs: teamwork, autonomy, and the exploitation of business opportunities / Corsino, Marco; Giuri, Paola; Torrisi, Salvatore. - In: THE JOURNAL OF TECHNOLOGY TRANSFER. - ISSN 0892-9912. - STAMPA. - 44:5(2019), pp. 1603-1637. [10.1007/s10961-018-9669-1]
Technology spin-offs: teamwork, autonomy, and the exploitation of business opportunities
Corsino, Marco;Giuri, Paola;Torrisi, Salvatore
2019
Abstract
This study analyzes the antecedents of technology spin-off resulting from the exploitation of patented technology developed in established firms and then transferred to a new organization. We hypothesize and empirically examine how teamwork and autonomy, two key dimensions of the established organization’s inventive activity, correlate with spin-off formation. The results, based on a large-scale survey of inventors, show that (1) inventive activities organized as teamwork are less likely to engender the creation of a new firm and (2) granting strategic autonomy increases the likelihood of a spin-off whereas structural autonomy decreases the chances of a spin-off.File | Dimensione | Formato | |
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