Imprinting and the progeny of university spin-offs

Michael P. Ciuchta (), Yan Gong (), Anne S. Miner (), Chaim Letwin () and Anthony Sadler ()
Additional contact information
Michael P. Ciuchta: University of Massachusetts Lowell
Yan Gong: China Europe International Business School
Anne S. Miner: University of Wisconsin – Madison
Chaim Letwin: Suffolk University
Anthony Sadler: Barry University

The Journal of Technology Transfer, 2016, vol. 41, issue 5, No 6, 1113-1134

Abstract: Abstract In this paper, we employ a genealogical imprinting approach to theorize that experiences incurred during the founding of a first-generation university spin-off will influence future spin-off activity from the focal firm. We propose that firms that secure equity investment during their founding process will have a higher likelihood of generating subsequent spin-offs, and that this impact is conditional on the human capital of the founding team. We test our hypotheses on a sample of 101 first generation university spin-offs around a large US research university and their subsequent progeny firms. This study develops a new understanding of multi-generational spin-off processes in a region.

Keywords: Entrepreneurship; University spin-offs; Imprinting; Venture capital; Regional development (search for similar items in EconPapers)
JEL-codes: L26 M13 R11 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://link.springer.com/10.1007/s10961-015-9464-1 Abstract (text/html)
Access to full text is restricted to subscribers.

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:kap:jtecht:v:41:y:2016:i:5:d:10.1007_s10961-015-9464-1

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10961/PS2

DOI: 10.1007/s10961-015-9464-1

Access Statistics for this article

The Journal of Technology Transfer is currently edited by Albert N. Link, Donald S. Siegel, Barry Bozeman and Simon Mosey

More articles in The Journal of Technology Transfer from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().