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Spin-outs’ knowledge legacies and parent hostility: a competitive dynamics view

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  • Sascha G. Walter

    (Julius-Maximilians-Universität Würzburg (JMU))

Abstract

This study adopts a competitive dynamics perspective to illuminate how and when different types of knowledge transferred by a spin-out trigger parent hostility. Specifically, I propose based on the awareness-motivation-capability framework that (1) transfers of market-related and technology-related knowledge will yield hostility and that (2) market commonality, resource similarity, and competitive intensity will exacerbate this effect. Findings from 207 spin-outs support several of my hypotheses. The study contributes to the extant literature by providing a more nuanced view on knowledge legacies, in particular regarding their interplay with a spin-out’s competitive positioning.

Suggested Citation

  • Sascha G. Walter, 2024. "Spin-outs’ knowledge legacies and parent hostility: a competitive dynamics view," Small Business Economics, Springer, vol. 63(3), pages 1019-1039, October.
  • Handle: RePEc:kap:sbusec:v:63:y:2024:i:3:d:10.1007_s11187-023-00849-0
    DOI: 10.1007/s11187-023-00849-0
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    More about this item

    Keywords

    Spin-outs; Knowledge; Entrepreneurship; New venture strategies; Strategy;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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