Knowledge relatedness and post-spin-off growth

Journal of Business Venturing

Volumn 19, Issue 6, 2004, Pages 809-829

  Sapienza, Harry J ^a   Parhankangas, Annaleena ^b   Autio, Erkko ^b  

^a UNIVERSITY OF MINNESOTA   (United States)

^b AALTO UNIVERSITY   (Finland)

Author keywords

Industrial parent firms; Knowledge relatedness; Post spin off growth

Indexed keywords

EID: 4344655239     PISSN: 08839026     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbusvent.2003.06.002     Document Type: Article

References (66)

1. Amburgey T.L. Kelly D. Barnett W.P. Resetting the clock: the dynamics of organizational change and failure Adm. Sci. Q. 38 1 1993 51-73
2. Autio E. New, technology-based firms as agents of R&D and innovation: an empirical study Technovation 14 4 1994 259-274
3. Autio E. Sapienza H.J. Almeida J. Effects of age at entry, knowledge intensity, and imitability on international growth Acad. Manage. J. 43 5 2000 909-924
4. Brush C. Vanderwerk P. A comparison of methods and sources for obtaining estimates of new venture performance J. Bus. Venturing 7 2 1992 157-171
5. Burgelman R. Designs for corporate entrepreneurship in established firms Calif. Manage. Rev. 3 1984 154 167 (Spring special issue)
6. Capron L. Mitchell W. Bilateral resource deployment and capabilities improvement following horizontal acquisitions Ind. Corp. Change 7 3 1998 453-484
7. Cohen J. Cohen P. Applied Multiple Regression/Correlation Analysis for the Behavioral Sciences 2nd ed. 1983 Erlbaum Hillsdale, NJ
8. Cohen M. Levinthal D. Absorptive capacity: a perspective on learning and innovation Adm. Sci. Q. 35 1 1990 128-152
9. Cooper A.C. Bruno A.V. Success among high-technology firms Bus. Horiz. 20 1977 16-22
10. Davis R. Thomas L. Direct estimation of synergy: a new approach to the diversity-performance debate Manage. Sci. 39 11 1993 1334-1346
11. Davis P. Robinson R. Pearce J. Park S. Business unit relatedness and performance: a look at the pulp and paper industry Strateg. Manage. J. 13 5 1992 349-361
12. Doutriaux J. Emerging high-technology firms: how durable are their competitive start-up advantages? J. Bus. Venturing 7 4 1992 303-322
13. Fleming L. Recombinant uncertainty in technological search Manage. Sci. 47 1 2001 117-132
14. Fombrun C. Ginsberg A. Shifting gears: enabling change in corporate aggressiveness Strateg. Manage. J. 11 4 1990 293-307
15. Feeser H.R. Willard G.E. Incubators and performance: a comparison of low high and low growth high tech firms J. Bus. Venturing 4 1989 429-442
16. Ghoshal, S., Moran, P., 1998. Integrated theory of the growth of the firm. Mimeo, London Business School.
17. Gomez-Meijia L. Structure and process of diversification, compensation strategy, and firm performance Strateg. Manage. J. 13 5 1992 381-397
18. Grant R. Toward a knowledge-based theory of the firm Strateg. Manage. J. Winter special issue 1996 109-122
19. Grant R. Jammine A. Performance differences between the Wrigley/Rumelt strategic categories Strateg. Manage. J. 9 1988 333-346
20. Hair J. Anderson R. Tatham R. Black W. Multivariate Data Analysis With Readings 4th ed. 1995 78 149 Simon & Schuster NJ
21. Haleblian J. Finkelstein S. The influence of organizational acquisition experience on acquisition performance: a behavioral performance Adm. Sci. Q. 44 1 1999 29-56
22. Henderson R.M. Clark K.B. Architectural innovation: the reconfiguration of existing product technologies and the failure of established firms Adm. Sci. Q. 35 1 1990 9-30
23. Hill C. Diversification and economic performance In: Rumelt R. Schendel D. Teece D. (Eds.) Fundamental Issues in Strategy-A Research Agenda 1994 297-321 Harvard Business School Press Boston, MA
24. Hill C. Hoskisson R. Strategy and structure in multi-product firm Acad. Manage. Rev. 12 2 1987 331-341
25. Hofstede G. Culture's Consequences 1980 Sage Beverly Hills, CA
26. Katila R. New product search over time: past ideas in their prime? Acad. Manage. J. 45 5 2002 995-1010
27. Kogut B. Zander U. Knowledge of the firm, combinative capabilities, and the replication of technology Organ. Sci. 3 1992 383-397
28. Lane P.J. Lubatkin M. Relative absorptive capacity and inter-organizational learning Strateg. Manage. J. 19 5 1998 461-477
29. Larsson R. Bengtsson L. Henriksson K. Sparks J. The inter-organizational learning dilemma: collective knowledge development in strategic alliances Organ. Sci. 9 3 1998 285-304
30. Levinthal D.A. Adaptation on rugged landscapes Manage. Sci. 43 7 1997 934-940
31. Liebeskind J. Knowledge, strategy, and the theory of the firm Strateg. Manage. J. 17 Winter issue 1996 93-107
32. Lindholm, Å., 1994. The economics of technology-related ownership changes: a study of innovativeness and growth through acquisitions and spin-offs. Doctoral dissertation, Department of Industrial Management and Economics, Chalmers University of Technology, Gothenburg, Sweden.
33. Lindholm Å. Growth and inventiveness in technology-based spin-off firms Res. Policy 26 1997 331-344
34. Mahajan V. Wind Y. Business synergy does not always pay off Long Range Plan. 21 1988 59-65
35. Mahoney J. Pandian J. The resource-based view within the conversation of strategic management Strateg. Manage. J. 5 13 1992 363-380
36. March J. Exploration and exploitation in organizational learning Organ. Sci. 2 1991 71-87
37. Markides C. Diversification, restructuring and economic performance Strateg. Manage. J. 16 2 1995 101-118
38. Markides C. Williamson P. Corporate diversification and organizational structure: a resource-based view Acad. Manage. J. 39 2 1996 340-367
39. McGee J. Dowling J. Using R&D cooperative arrangements to leverage managerial experience: a study of technology-intensive new ventures J. Bus. Venturing 9 1 1994 33-49
40. Montgomery C. The measurement of firm diversification: some new empirical evidence Acad. Manage. J. 25 1982 299-307
41. Nahapiet J. Ghoshal S. Social capital, intellectual capital, and the organizational advantage Acad. Manage. Rev. 23 2 1998 242-266
42. Nayaar P. On the measurement of corporate diversification strategy: evidence from large US service firms Strateg. Manage. J. 13 1992 219-235
43. Nonaka I. A dynamic theory of organizational knowledge creation Organ. Sci. 5 1 1994 14-37
44. Palepu K. Diversification strategy, profit performance and the entropy measure Strateg. Manage. J. 8 3 1985 239-255
45. Palich L. Cardinal L. Miller C. Curvilinearity in the diversification-performance linkage: an examination of over three decades of research Strateg. Manage. J. 21 1 2000 155-174
46. Penrose E. The Theory of the Growth of the Firm 1959 Wiley New York
47. Pitts R. Hopkins H. Firm diversity: conceptualization and measurement Acad. Manage. Rev. 7 1982 620-629
48. Powell W. Koput K. Smith-Doerr L. Interorganizational collaboration and the locus of innovation: networks of learning in biotechnology Adm. Sci. Q. 41 1 1996 116-146
49. Roberts E. The technological base of the new enterprise Res. Policy 20 1991 283-298
50. Roberts E. Berry C. Entering new businesses: selecting strategies for success Sloan Manage. Rev. Spring issue 1985 3-17
51. Robins M. Wiersema M. A resource-based approach to the multi-business firm: empirical analysis of portfolio interrelationships and corporate financial performance Strateg. Manage. J. 16 4 1995 277-299
52. Rumelt R. Strategy, Structure, and Economic Performance 1974 Harvard Business School Press Boston, MA
53. Shan W. Walker G. Kogut B. Interfirm cooperation and start-up innovation in the biotechnology industry Strateg. Manage. J. 15 5 1994 387-394
54. Sorrentino M. Williams M. Relatedness and corporate venturing: does it really matter? J. Bus. Venturing 10 1 1995 59-73
55. Spender J.C. Grant R. Knowledge and the firm: overview Strateg. Manage. J. 7 Winter issue 1996 5-9
56. Steensma, K., 1996. Strategic options in technology procurement: a theoretical integration and empirical analysis. Unpublished doctoral dissertation. School of Business, Indiana University.
57. Stevenson H. Gumpert D.E. The heart of entrepreneurship Harvard Bus. Rev. 63 1985 85-94
58. Sykes H. The anatomy of a corporate venturing program: factors influencing success J. Bus. Venturing 1 3 1986 275-293
59. Von Krogh G. Roos J. Hoerem T. Restructuring: avoiding the phantom limb effect In: Von Krogh G. Roos J. (Eds.) Managing Knowledge-Perspectives on Cooperation and Competition 1996 137 154 Sage Thousand Oaks, CA
60. Woo C. Willard G. Beckstead S. Spin-offs: what are the gains? J. Bus. Strategy March/April 1989 29-32
61. Woo C. Willard G. Daellenbach U. Spin-off performance: a case of overstated expectations Strateg. Manage. J. 13 6 1992 433-447
62. Yli-Renko H. Autio E. Sapienza H.J. Social capital, knowledge acquisition, and knowledge exploitation in young technology-based firms Strateg. Manage. J. 22 6 2001 587-613
63. Young G. Smith K. Grimm C. Austrian and industrial organization perspectives on firm-level competitive activity Organ. Sci. 7 3 1996 243-254
64. Zahra S. Technology strategy and new venture performance: a study of corporate-sponsored and independent biotechnology ventures J. Bus. Venturing 11 4 1996 289-321
65. Zahra S. George G. Absorptive capacity: a review, reconceptualization, and extension Acad. Manage. Rev. 27 2 2002 185-200
66. Zahra S. Ireland D.D. Hitt M. International expansion by new venture firms: international diversity, mode of market entry, technological learning, and performance Acad. Manage. J. 43 5 2002 925-950