Spinoffs and Entrepreneurial Talent

Mili Shrivastava ()
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Mili Shrivastava: Graduate College "The Economics of Innovative Change" and Entrepreneurship, Growth and Public policy group, Max Planck Institute of Economics, Jena, Germany

No 2010-059, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: Spinoffs firms are an important source of industry dynamics and innovation. While an emerging body of literature identifies strategic disagreements and ideas as determinants of spinoffs, neither of them can completely explain the spinoff process. Mere disagreements or brilliant flashes of ideas do not always lead to spinoffs. This study brings individual level determinants at the forefront in spinoff formation. Based on insights from the occupational choice theory, we argue that spinoff process is a distinctive class of entrepreneurial entrants and entrepreneurial talent is a major determinant in formation of spinoffs. Entrepreneurial talent modulates the impact of strategic disagreements and ideas on the decision to spi

Keywords: Spinoffs; Entrepreneurship; Occupational choice; Disagreements (search for similar items in EconPapers)
JEL-codes: D00 J24 L2 (search for similar items in EconPapers)
Date: 2010-08-25
New Economics Papers: this item is included in nep-cse, nep-ent, nep-hrm, nep-sbm and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2010-059

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