Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Spawned with a rusty spoon
T2 - when and how can spin-outs cope with parent hostility?
AU - Walter, Sascha
AU - Heinrichs, Simon
AU - Walter, Achim
PY - 2013/1
Y1 - 2013/1
N2 - Prior research has focused on the performance implications of positive or neutral parent-child relationships, but neglected negative, conflict-laden relationships. Drawing on embeddedness theory, we investigated whether and when parent hostility (degree to which a parent firm disapproves the spawning of an own spin-out) affects spin-out performance and how spin-outs can effectively react to it. Analyses of 144 technology spin-outs support our arguments that spin-outs suffer from hostility. Hostility consequences are, however, less severe if market turbulence is high or if the spin-out pursues effective network development.
AB - Prior research has focused on the performance implications of positive or neutral parent-child relationships, but neglected negative, conflict-laden relationships. Drawing on embeddedness theory, we investigated whether and when parent hostility (degree to which a parent firm disapproves the spawning of an own spin-out) affects spin-out performance and how spin-outs can effectively react to it. Analyses of 144 technology spin-outs support our arguments that spin-outs suffer from hostility. Hostility consequences are, however, less severe if market turbulence is high or if the spin-out pursues effective network development.
KW - parent hostility
KW - performance
KW - spin-out
U2 - 10.5465/AMBPP.2013.60
DO - 10.5465/AMBPP.2013.60
M3 - Journal article
JO - Academy of Management Annual Meeting Proceedings
JF - Academy of Management Annual Meeting Proceedings
SN - 2151-6561
M1 - 15029
ER -