Title: Research valorisation through spin-off ventures: integration of existing concepts and typologies

Authors: Sven H. De Cleyn, Johan Braet

Addresses: Faculty of Applied Economics, University of Antwerp, Prinsstraat 13, B-2000 Antwerp, Belgium. ' Faculty of Applied Economics, University of Antwerp, Prinsstraat 13, B-2000 Antwerp, Belgium

Abstract: The research domain of innovation and entrepreneurship is relatively young and fragmented. Therefore, no consensus exists on the definition of the main concepts. In a subdomain of entrepreneurship, this paper intends to both elucidate (the differences between) the concepts of |spin-off| and |spin-out| and, starting from existing literature taxonomies, to integrate several existing spin-off taxonomies, classifications and typologies in order to create a clear and complete framework for further research. This way, ten different |ideal| spin-off and spin-out types will be defined, based on five distinguishing dimensions. These dimensions have been extracted from both theory and practice and relate strongly to the new venture|s behaviour, strategy and performance. The resulting integrated typology will be illustrated in view of its practical and theoretical implications.

Keywords: spin-offs; spin-outs; high-tech ventures; taxonomy; integrated typology; entrepreneurship; technology transfer; universities; higher education; innovation.

DOI: 10.1504/WREMSD.2009.031624

World Review of Entrepreneurship, Management and Sustainable Development, 2009 Vol.5 No.4, pp.325 - 352

Available online: 15 Feb 2010 *

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