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Modeling the set-up and management of a spin-out: Evidence from a case study

Author

Listed:
  • Veldhoven, Joris
  • Cloodt, Myriam
  • Vanhaverbeke, Wim

Abstract

In this paper we explore a special case of venturing, namely the spinout approach. More in particular, this paper has sought to model the spin-out process by combining scholarly literature with an empirical analysis of the spinout process of Royal Dutch Shell. Through literature review we have identified multiple factors relevant for spinout success, which are captured in a practical assessment model. In doing so, we have provided managers with a phased approach showing the critical steps that have to be taken in the decision, set-up and management phases of a spinout. The added value of the introduced assessment model is that it treats a spinout as an ongoing process of enacting set-ups, rather than a static event.

Suggested Citation

  • Veldhoven, Joris & Cloodt, Myriam & Vanhaverbeke, Wim, 2008. "Modeling the set-up and management of a spin-out: Evidence from a case study," MPRA Paper 26489, University Library of Munich, Germany, revised 2010.
    • Handle: RePEc:pra:mprapa:26489
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    File URL: https://mpra.ub.uni-muenchen.de/26489/1/MPRA_paper_26489.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    spin-out; phased exit; external corporate venturing;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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