 Spin-Off and Acquisition of Small Technology-Based FirmsChapter 11 in Technology, Innovation and Enterprise, 1997, pp 325-363 from Palgrave Macmillan Abstract: Abstract In a large technology-based firm, technology and innovations can be developed internally, although they can also be acquired from external sources, such as small technology-based firms. In addition, technology and innovation can be spun off from one organisation to another, perhaps from a large technology-based firm to establish a new spin-off firm. Nevertheless, innovation researchers, as well as policy-makers, have traditionally focused strongly on whether large or small firms are the most frequent, effective and/or efficient innovators, rather than on the interaction between these firms. Earlier studies have, for example, shown that small firms often have advantages in the early stages of the innovation process, while large firms have advantages in the later stages of scaling up innovations, and large and small firms can interact in several ways, such as through ownership changes. This chapter concentrates on ownership changes in the forms of acquisition and spin-off of small technology-based firms. Keywords: Small Firm; Large Firm; Parent Firm; Previous Employer; Ownership Change (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25770-6_11 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-25770-6_11 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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