Executive Teams in Research-Based Spin-Off Companies

Download or read book Executive Teams in Research-Based Spin-Off Companies written by Rigo Tietz and published by Springer Science & Business Media. This book was released on 2013-04-10 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​Research-based spin-off companies are a special subgroup of new technology-based ventures and play an important role for innovation and economic development. Executive teams of academic spin-offs face several challenges in building up sustainable and profitable ventures, because they often lack managerial and entrepreneurial skills. Based on a quantitative analysis of 193 German spin-offs RigoTietz examines the relationships between executive team characteristics, strategic decision making, and firm performance. The study contributes to the entrepreneurship and strategic management literature and has practical implications for entrepreneurs and managers, policymakers and practitioners of start-up initiatives and technology transfer organisations.