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The determinants of the internationalization speed of Portuguese university spin-offs: An empirical investigation

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  • Aurora Teixeira
  • Cátia Coimbra

Abstract

La velocidad de internacionalización de las empresas ha sido considerablemente estudiada en las últimas décadas. Sin embargo, con respecto a un determinado tipo de empresa, las Spin-off Universitarias, esta línea de investigación es aún incipiente. La mayoría de los estudios sobre las Spin-off destaca sus principales características, pero no se centra en la cuestión de la internacionalización. Con base en las respuestas de 111 Spin-off portuguesas, 78 de las cuales son exportadoras, las estimaciones econométricas indican que: 1) La velocidad de internacionalización de las Spin-off es críticamente dependiente del apoyo de las Oficinas de Transferencia de Tecnología;; 2) de acuerdo con la perspectiva de “learning advantages of newness” (ventajas de aprendizaje de lo nuevo), las más jóvenes Spin-off portuguesas revelan mayores niveles de espíritu y capacidad emprendedores, al estar en una mejor posición para una temprana internacionalización en oposición a las Spin-off más antiguas; 3) Las Spin-off que operan en Microelectrónica/Robótica se internacionalizan más rápido y anticipadamente que las Spin-off que operan en TIC/Software/Medios Digitales y 4), en contraste con la literatura sobre las empresas Born Globals/International new ventures, mientras mayor es la participación en las actividades de I&D, más lento es el proceso de internacionalización adelantada de las Spin-off. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • Aurora Teixeira & Cátia Coimbra, 2014. "The determinants of the internationalization speed of Portuguese university spin-offs: An empirical investigation," Journal of International Entrepreneurship, Springer, vol. 12(3), pages 270-308, September.
    • Handle: RePEc:kap:jinten:v:12:y:2014:i:3:p:270-308
    DOI: 10.1007/s10843-014-0132-6
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    3. Williams, David W. & Crook, T. Russell, 2021. "Unpacking the age at initial internationalization-performance relationship: A meta-analytic investigation," Journal of Business Venturing Insights, Elsevier, vol. 15(C).
    4. Natasha Evers & James A. Cunningham & Thomas Hoholm, 2016. "International entrepreneurship in universities: Context, emergence and actors," Journal of International Entrepreneurship, Springer, vol. 14(3), pages 285-295, September.
    5. Božidar Vlačić & Inês G. Almeida Santos & Susana C. Silva & Miguel González-Loureiro, 2022. "Entrepreneurial cognition and internationalization speed: towards a potential moderating effect of experiential and rational information processing," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 603-636, June.
    6. Bryl Łukasz, 2020. "Intangible assets in the process of internationalization," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 56(1), pages 63-78, March.
    7. Mariluz Fernández-Alles & Dara Hernández-Roque & Mercedes Villanueva-Flores & Mirta Díaz-Fernández, 2022. "The impact of human, social, and psychological capital on academic spin-off internationalization," Journal of International Entrepreneurship, Springer, vol. 20(3), pages 433-473, September.
    8. Svante Andersson & Eva Berggren, 2016. "Born global or local? Factors influencing the internationalization of university spin-offs—the case of Halmstad University [Born Global oder Born Local: Was beinflüsst und erleichtert die Internati," Journal of International Entrepreneurship, Springer, vol. 14(3), pages 296-322, September.
    9. Soon Lisa & Kashkan Galina V. & Marukhina Olga V. & Aksenov Sergey V., 2015. "A Case Study: Technology Education Internationalization," Balkan Region Conference on Engineering and Business Education, Sciendo, vol. 1(1), pages 1-14, November.
    10. Razieh Nejabat & Marina Van Geenhuizen, 2019. "Entrepreneurial Risk-Taking in Sustainable Energy: University Spin-Off Firms and Market Introduction in Northwest Europe," Sustainability, MDPI, vol. 11(24), pages 1-23, December.
    11. Carlos Poblete, 2018. "Shaping the castle according to the rocks in the path? Perceived discrimination, social differences, and subjective wellbeing as determinants of firm type among immigrant entrepreneurs," Journal of International Entrepreneurship, Springer, vol. 16(2), pages 276-300, June.
    12. Cheng, Cong & Zhong, Huihui & Cao, Liebing, 2020. "Facilitating speed of internationalization: The roles of business intelligence and organizational agility," Journal of Business Research, Elsevier, vol. 110(C), pages 95-103.
    13. Taheri, Mozhdeh & van Geenhuizen, Marina, 2019. "Knowledge relationships of university spin-off firms: Contrasting dynamics in global reach," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 193-204.
    14. Alice Civera & Michele Meoli & Silvio Vismara, 2019. "Do academic spinoffs internationalize?," The Journal of Technology Transfer, Springer, vol. 44(2), pages 381-403, April.
    15. Martineau, Charles & Pastoriza, David, 2016. "International involvement of established SMEs: A systematic review of antecedents, outcomes and moderators," International Business Review, Elsevier, vol. 25(2), pages 458-470.
    16. Achim Walter & Nicole Coviello & Monika Sienknecht & Thomas Ritter, 2024. "Leveraging the Lab: How Pre-Founding R&D Collaboration Influences the Internationalization Timing of Academic Spin-Offs," Entrepreneurship Theory and Practice, , vol. 48(1), pages 71-103, January.
    17. Marina Van Geenhuizen, 2016. "Capability factors in changing patterns of international knowledge relationships among university spin-off firms in Northwest Europe," ERSA conference papers ersa16p405, European Regional Science Association.
    18. Yuanyuan Li & John Cantwell, . "Rapid FDI of emerging market firms: foreign participation and leapfrogging in the establishment chain," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    19. Marina Van Geenhuizen & Razie Nejabat, 2016. "University spin-off firms in sustainable energy in five countries: What determines their reaching of the market?," ERSA conference papers ersa16p759, European Regional Science Association.
    20. Noelia Franco-Leal & Danny Soetanto & Carmen Camelo-Ordaz, 2016. "Do they matter? The role of non-academics in the internationalization of academic spin-offs," Journal of International Entrepreneurship, Springer, vol. 14(3), pages 410-440, September.
    21. Alice Civera & Davide Donina & Michele Meoli & Silvio Vismara, 2020. "Fostering the creation of academic spinoffs: does the international mobility of the academic leader matter?," International Entrepreneurship and Management Journal, Springer, vol. 16(2), pages 439-465, June.

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    More about this item

    Keywords

    University spin-offs; Internationalization speed; Determinants; Portugal; O32; M13; M21; F23;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

    Statistics

    Access and download statistics

    Corrections

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