Int. J. of Entrepreneurship and Innovation Management   »   2017 Vol.21, No.4/5

 

 

Title: Gazelles versus Mice: understanding their characteristics and the specifics of growth as a performance measure for research-based spin-offs

 

Authors: Roland Helm; Oliver Mauroner; Kendra Pöhlmann

 

Addresses:
Strategic Industrial Marketing, University of Regensburg, Universitätsstraße 31, D-93053 Regensburg, Germany
School of Business, University of Applied Science Mainz, Lucy-Hillebrand-Straße 2, 55128 Mainz, Germany
Strategic Industrial Marketing, University of Regensburg, Universitätsstraße 31, D-93053 Regensburg, Germany

 

Abstract: Commercialising knowledge and technologies from public research centres, research-based spin-offs (RBSOs) play a pivotal role for technology transfer and thus contribute to regional development, economic wealth and job creation. Growth, however, is a highly debated and controversial performance measure for small businesses. Analysing the special growth patterns of RBSOs, the existing literature has put forward two extreme forms, Gazelles and Mice, with metaphorical characteristics. Drawing on a database of 177 spin-offs from publicly funded non-university research institutes, we investigate the specifics of those firms with an above-average growth rate and contrast them to their stagnating counterparts, trying to characterise Gazelles and Mice and explain the growth patterns with more detail in order to identify the potential for high growth rates as early as possible.

 

Keywords: research-based spin-offs; RBSOs; spin-off success; growth; innovation; scientific entrepreneurship; public research organisations.

 

DOI: 10.1504/IJEIM.2017.10005355

 

Int. J. of Entrepreneurship and Innovation Management, 2017 Vol.21, No.4/5, pp.343 - 365

 

Submission date: 24 Nov 2015
Date of acceptance: 28 Jun 2016
Available online: 31 May 2017

 

 

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