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Entry by Spinoffs
Abstract
Entry by spinoffs from incumbent firms is investigated for the laser industry. A model in which spinoffs exploit knowledge from their parents is constructed to explain the market conditions conducive to spinoffs, the types of firms that spawn spinoffs, and the relationship of spinoffs to their parents. The model is tested using detailed data on all laser entrants from the start of the industry through 1994. Our findings support the basic premise of the model that spinoffs inherit knowledge from their parents that shapes their nature at birth. Implications of our findings for organizational behavior, business strategy, entry and industry evolution, and technological change are discussed.
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Cited by
Ozgen, E., & Baron, R. A. (2007) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2005.12.001 · Cited by 986
Richerson, P., Baldini, R., Bell, A. V., Demps, K., Frost, K., Hillis, V., Mathew, S., Newton, E. K., Naar, N., Newson, L., et al. (2016) · Behavioral and Brain Sciences · doi:10.1017/s0140525x1400106x · Cited by 639
Simsek, Z., Fox, B. C., & Heavey, C. (2015) · Journal of Management · doi:10.1177/0149206314553276 · Cited by 352
Meeting its Waterloo? Recycling in entrepreneurial ecosystems after anchor firm collapse
Spigel, B., & Vinodrai, T. (2021) · Entrepreneurship & Regional Development · doi:10.1080/08985626.2020.1734262 · Cited by 104
Innovation and Entrepreneurship in India: An Overview
Bhagavatula, S., Mudambi, R., & Murmann, J. P. (2019) · Management and Organization Review · doi:10.1017/mor.2019.52 · Cited by 71
The Evaluation of Founder Failure and Success by Hiring Firms: A Field Experiment
Botelho, T. L., & Chang, M. (2023) · Organization Science · doi:10.1287/orsc.2022.1592 · Cited by 37
Entrepreneurial spawning and knowledge-based perspective: A meta-analysis
Garrett, R. P., Miao, C., Qian, S., & Bae, T. J. (2017) · Small Business Economics · doi:10.1007/s11187-017-9842-1 · Cited by 33
Metadata
- Authors
- Klepper, S., & Sleeper, S.
- Venue
- Management Science
- Published
- 2005-08
- Volume
- 51
- Issue
- 8
- Pages
- 1291-1306
- ISSN
- 0025-1909 (ISSN-L)
- 1526-5501
- OpenAlex
- W2118493679
- Cited by
- 821
- References
- 0
- FWCI
- 72.70
- Type
- journal article
- Language
- en
- Open access
- closed
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