This study examines spin-off performance from the perspectives of resource-based view and social networks of the founders. This explores the roles of pre-established factors in the financial and operational performance of a new venture. Such factors comprise entrepreneurial capabilities and social networks of the entrepreneurs before the spin-offs were established. These capabilities are constituted by technology, organizational capability, human resource, strategy, and commercial capability. The social networks are analyzed in structure, governance, and content dimensions. Based on the data from 181 university spin-offs in Spain, the paper empirically demonstrates that the entrepreneurial capabilities positively influence the performance of the spin-offs. The social networks of the founders indirectly affect the spin-off performance through enhancing the entrepreneurial capabilities.
|Title of host publication||Proceedings of the 7th European Conference on Innovation and Entrepreneurship|
|Editors||Carla Vivas, Fernando Lucas|
|Publisher||Academic Publishing International|
|Number of pages||8|
|Publication status||Published - 20 Sep 2012|
|Event||7th European Conference on Innovation and Entrepreneurship - Santarem, Portugal|
Duration: 20 Sep 2012 → 21 Sep 2012
Conference number: 7th
|Conference||7th European Conference on Innovation and Entrepreneurship|
|Period||20/09/12 → 21/09/12|
Bibliographical note7th European Conference on Innovation and Entrepreneurship (ECIE), Inst Politecnico Santarem, Escola Super Gestao & Tecnologia, PORTUGAL, SEP 20-21, 2012 affiliation: Thanh Huynh; Aranda, Daniel; Molina-Fernandez, Luis, Univ Granada, Dept Management, Granada, Spain. keywords: university spin-offs; resource-based review; social networks keywords-plus: COMPETITIVE ADVANTAGE; START-UPS; VENTURE PERFORMANCE; FIRM PERFORMANCE; SAMPLE-SIZE; ORIENTATION; BUSINESS; SUCCESS; LEVEL; TIES research-areas: Business & Economics web-of-science-categories: Business; Management author-email: firstname.lastname@example.org researcherid-numbers: chen, juan/E-8441-2014 number-of-cited-references: 54 times-cited: 2 doc-delivery-number: BFV67 unique-id: ISI:000321565500037
Huynh, T., Aranda, D., & Molina-Fernandez, L. (2012). Spin-Off Performance: Entrepreneurial Capabilities and Social Networks of the Founders in the Creation Period. In C. Vivas, & F. Lucas (Eds.), Proceedings of the 7th European Conference on Innovation and Entrepreneurship (Vol. 1, pp. 316-323). Academic Publishing International.