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

Veldhoven, Joris and Cloodt, Myriam and Vanhaverbeke, Wim (2008): Modeling the set-up and management of a spin-out: Evidence from a case study.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: spin-out; phased exit; external corporate venturing
• Subjects: M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M1 - Business Administration > M13 - New Firms ; Startups; D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D85 - Network Formation and Analysis: Theory; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives

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