Spin-outs’ knowledge legacies and parent hostility: a competitive dynamics view

Sascha G. Walter ()
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Sascha G. Walter: Julius-Maximilians-Universität Würzburg (JMU)

Small Business Economics, 2024, vol. 63, issue 3, No 7, 1019-1039

Abstract: Abstract This study adopts a competitive dynamics perspective to illuminate how and when different types of knowledge transferred by a spin-out trigger parent hostility. Specifically, I propose based on the awareness-motivation-capability framework that (1) transfers of market-related and technology-related knowledge will yield hostility and that (2) market commonality, resource similarity, and competitive intensity will exacerbate this effect. Findings from 207 spin-outs support several of my hypotheses. The study contributes to the extant literature by providing a more nuanced view on knowledge legacies, in particular regarding their interplay with a spin-out’s competitive positioning.

Keywords: Spin-outs; Knowledge; Entrepreneurship; New venture strategies; Strategy (search for similar items in EconPapers)
JEL-codes: L26 M13 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s11187-023-00849-0

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