Walter, Sascha Gabriel (2017) Innovator or copycat? : pre-entry innovation strategy and early performance of spin-outs. Academy of Management Proceedings, 2016 (1). pp. 1-6. ISSN 0065-0668
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Abstract
This study draws on the knowledge-based view and organizational learning theory to explore the link between pre-entry production innovation strategies and the early development of spin-outs. Specifically, we suggest curvilinear relationships of early sales growth with exploitation (U-shaped) and exploration (inverted U-shaped). We also suggest that simultaneous organizational ambidexterity will hamper spin-out growth. Findings from 154 technology spin-outs support our suggestions. The study contributes the extant literature by showing the existence of curvilinear effects and focusing on spin-outs as an underexplored, but important context.