Initial and further business development: highlights from business model, open innovation, and knowledge management perspectives

Laurent Scaringella
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Laurent Scaringella: ESC [Rennes] - ESC Rennes School of Business

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Abstract: In a technological spin-off, initial and further business development is a two-stage challenge of survival and growth. Spin-offs' business development relies on the design and renewal of an adequate business model, effective open innovation, and advanced knowledge management. This study describes the initial and further business development of a successful spin-off, MEMS&Co, through a longitudinal case study. The business model benefited from specific revenue/investments streams from clients and was subsequently supplemented by new business models in novel applications. Open innovation offered a unique outside-in process from universities, suppliers, and research centres and then transformed into an advanced new process. Knowledge management focused on cross-Technical knowledge modularity and subsequently on knowledge recombination.

Date: 2018
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Published in International Journal of Entrepreneurship and Innovation Management, 2018, 22 (1/2), pp.103. ⟨10.1504/IJEIM.2018.089712⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04585256

DOI: 10.1504/IJEIM.2018.089712

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