In search of the spin-out entrepreneur

Landoni, M. and ogilvie, d. (2022) In search of the spin-out entrepreneur. Journal of Open Innovation: Technology, Market, and Complexity, 8(3), 106. (doi: 10.3390/joitmc8030106)

Abstract

A spin-out happens when an employee quits a company to start a new venture; however, theories do not agree on whether the ‘spin-out entrepreneur’ will start the company in the same or in a different industry. We investigated a sample of 250 entrepreneurs and 120 spin-out companies to understand what led an entrepreneur or a group of founders to enter a new industry. Our results contribute to theory, suggesting that spin-out entrepreneurs usually move to different and innovative industries owing to recombination of knowledge in founding teams. Our evidence supports the positive effect of different experiences within the team.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Landoni, Mr Matteo
• Authors: Landoni, M., and ogilvie, d.
• College/School: College of Social Sciences > School of Social and Political Sciences > Economic and Social History
• Journal Name: Journal of Open Innovation: Technology, Market, and Complexity
• Publisher: MDPI
• ISSN: 2199-8531
• ISSN (Online): 2199-8531
• Published Online: 22 June 2022
• Copyright Holders: Copyright © 2022 The Authors
• First Published: First published in Journal of Open Innovation: Technology, Market, and Complexity 8(3): 106
• Publisher Policy: Reproduced under a Creative Commons License