A resource‐based view of entrepreneurial spin‐outs

Pierre Mella‐Barral

Review of Financial Economics, 2024, vol. 42, issue 3, 281-290

Abstract: We examine a rationale for entrepreneurial spin‐outs, when employing firms are not protected from expropriation by their employees, built on the resource‐based view of the firm. We consider a repeated innovations setting and develop the dynamics of the entrepreneurial spin‐out decision. The implications for the gradual development of a sector of activity are in line with existing empirical findings.

Date: 2024
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https://doi.org/10.1002/rfe.1207

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Persistent link: https://EconPapers.repec.org/RePEc:wly:revfec:v:42:y:2024:i:3:p:281-290

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