Social networks, university spin-offs growth and promises of 'living labs'

Soetanto, Danny and Geenhuizen, Marina S. van (2011) Social networks, university spin-offs growth and promises of 'living labs'. Regional Science Policy and Practice, 3 (3). pp. 305-321. ISSN 1757-7802

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Social networks play a vital role in the early years of spin-offs, but there is virtually no knowledge on the profile of these networks. Building on a resource-based perspective and the concept of ‘living labs’, we explore differences between spin-off firms according to level of innovativeness. The results indicate a smaller growth among highly innovative spin-offs as an impact of more homogeneous and more often locally oriented networks. This situation calls for opening the social networks. The paper speculates on how the new concept of living labs may be helpful in this strategy and what other advantages might be gained by spin-offs.

Item Type: Journal Article
Journal or Publication Title: Regional Science Policy and Practice
Uncontrolled Keywords: University spin-offs ; social networks ; innovation strategy ; ‘living labs’ ; job growth
Subjects: H Social Sciences > HB Economic Theory
Departments: Lancaster University Management School > Institute for Enterprise & Entrepeneurial Development (IEED)
ID Code: 76486
Deposited By: ep_importer_pure
Deposited On: 06 Nov 2015 10:58
Refereed?: Yes
Published?: Published
Last Modified: 11 Jun 2019 02:43

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