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Technology spin-offs: teamwork, autonomy, and the exploitation of business opportunities

Author

Listed:
  • Marco Corsino

    (University of Bologna)

  • Paola Giuri

    (University of Bologna)

  • Salvatore Torrisi

    (University of Milano-Bicocca
    Bocconi University)

Abstract

This study analyzes the antecedents of technology spin-off resulting from the exploitation of patented technology developed in established firms and then transferred to a new organization. We hypothesize and empirically examine how teamwork and autonomy, two key dimensions of the established organization’s inventive activity, correlate with spin-off formation. The results, based on a large-scale survey of inventors, show that (1) inventive activities organized as teamwork are less likely to engender the creation of a new firm and (2) granting strategic autonomy increases the likelihood of a spin-off whereas structural autonomy decreases the chances of a spin-off.

Suggested Citation

  • Marco Corsino & Paola Giuri & Salvatore Torrisi, 2019. "Technology spin-offs: teamwork, autonomy, and the exploitation of business opportunities," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1603-1637, October.
    • Handle: RePEc:kap:jtecht:v:44:y:2019:i:5:d:10.1007_s10961-018-9669-1
    DOI: 10.1007/s10961-018-9669-1
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    More about this item

    Keywords

    Technology spinoff; Technology transfer; Entrepreneurship; Innovation process; Patents;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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