EconPapers    
Economics at your fingertips  
 

Knowledge relationships of university spin-off firms: Contrasting dynamics in global reach

Mozhdeh Taheri and Marina van Geenhuizen

Technological Forecasting and Social Change, 2019, vol. 144, issue C, 193-204

Abstract: This article provides an attempt to better understand the establishment of international knowledge relationships, including changes over time. Internationalization of young high-tech firms is strongly required given the drive for upscaling technology solutions and given the increased global spread of knowledge centers. To increase understanding, a framework of conditions of capability formation in internationalization is developed and measured using a sample of 105 university spin-off firms in Northwest Europe. In early years, 62% of these firms employed knowledge relationships abroad, often crossing continents. The main capabilities in this stage tend to be connected to education (PhD) and market training, innovation activity at practical level, and diversity in preceding domestic networks. Subsequent changes on the firm level show a somewhat stronger internationalization, 74%, associated with other capabilities compared to early years, mainly derived in previous internationalization, pre-start work experience and innovation activity at an advanced level. However, the results also point to a ‘problematic’ segment of firms, including shrinking patterns and persistent absence of internationalization. To summarize, we observe inertia as well as (highly) dynamic patterns of knowledge relationships abroad, with important implications for management and policy.

Keywords: University spin-off firms; International knowledge relationships; Spatial reach; Capability formation; Inertia (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162516308411
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:144:y:2019:i:c:p:193-204

Access Statistics for this article

Technological Forecasting and Social Change is currently edited by Fred Phillips

More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-10-21
Handle: RePEc:eee:tefoso:v:144:y:2019:i:c:p:193-204