Firms’ genetic characteristics and competence-enlarging strategies: A comparison between academic and non-academic high-tech start-ups

Massimo G. Colombo and Evila Piva

Research Policy, 2012, vol. 41, issue 1, 79-92

Abstract: This paper argues that academic high-tech start-ups exhibit peculiar “genetic characteristics” that leave an enduring imprint on firm development. We formulate a series of hypotheses on the effects of such genetic characteristics on the post-entry strategies that academic high-tech start-ups adopt to enlarge their initial competence endowments. In the empirical section, we use matched-pair statistical techniques and run several regressions to test the theoretical hypotheses. Our findings contribute to the literature on the antecedents of the strategies adopted by academic high-tech start-ups. They also allow us to derive implications for academic entrepreneurs, university managers and policy makers.

Keywords: Academic high-tech start-ups; Firms’ genetic characteristics; Competence enlargement; Alliances (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (70)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:41:y:2012:i:1:p:79-92

DOI: 10.1016/j.respol.2011.08.010

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