Opportunity spin-offs and necessity spin-offs

Arbeitspapier

Necessity spin-offs are organized by employees of incumbent firms to escape deteriorating job conditions. This paper proposes a conceptual model of the spin-off process. Necessity spin-offs are distinguished from opportunity spin-offs on the basis of their triggering events. An empirical analysis of German laser spin-offs traces differences in the performance and determinants of the two types of spin-offs. Necessity spin-offs are important to limit the devaluation of individual competences by the market process. They are particularly relevant in growth crises of innovative firms, and in the restructuring of economies with protected or state-owned companies.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Papers on Economics and Evolution ; No. 0718

Classification and Topics

• Classification: Wirtschaft ; Firm Performance: Size, Diversification, and Scope ; Entrepreneurship ; New Firms; Startups
• Subject: Spin-offs ; necessity entrepreneurship ; opportunity discovery ; market process ; laser industry ; Betriebsaufspaltung ; Unternehmensgründung ; Unternehmer ; Krisenmanagement ; Laser ; Optoelektronische Industrie ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Buenstorf, Guido
• Event: Veröffentlichung
• (who): Max Planck Institute of Economics
• (where): Jena
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/31808
• Last update: 10.03.2025, 11:43 AM CET