Article (Scientific journals)
Is Success Hereditary? Evidence on the Performance of Spawned Ventures
Dick, Johannes; Hussinger, Katrin; Blumberg, Boris et al.
2013In Small Business Economics
Peer reviewed
 

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Keywords :
Entrepreneurship; Entrepreneurial spawning; Start-ups; Firm performance
Abstract :
[en] A common phenomenon in entrepreneurship is that employees turn away from employment to found their own businesses. Prior literature discusses the former employers’ characteristics that influence the creation of entrepreneurial ventures. An investigation of whether these characteristics also affect the success of the spawned ventures is missing so far. This paper contributes to the literature by showing that entrepreneurial ventures spawned by well performing firms are financially more successful than ventures stemming from poorly performing firms. This suggests that spawned entrepreneurs are able to exploit valuable knowledge from their previous employers which impacts their ventures’ performance positively. The analysis is based on a linked employee–employer data set for the Netherlands for the period 1999–2004.
Disciplines :
Strategy & innovation
Author, co-author :
Dick, Johannes
Hussinger, Katrin ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Blumberg, Boris
Hagedoorn, John
Language :
English
Title :
Is Success Hereditary? Evidence on the Performance of Spawned Ventures
Publication date :
2013
Journal title :
Small Business Economics
ISSN :
0921-898X
Publisher :
Springer Science & Business Media B.V., Dordrecht, Netherlands
Peer reviewed :
Peer reviewed
Available on ORBilu :
since 30 September 2013

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