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000047777 24500 $$aLinking vertically related industries: entry by employee spinouts across industry boundaries.
000047777 264_1 $$aOxford, UK :$$bOxford University Press,$$c2019.
000047777 336__ $$atext$$2rdacontent
000047777 337__ $$acomputer$$2rdamedia
000047777 338__ $$aonline resource$$bcr$$2rdacarrier
000047777 4901_ $$aIndustrial and Corporate Change$$vVolume 28, Issue 3
000047777 5203_ $$aThis article examines vertical spinouts, defined as new and independent ventures founded by the ex-employees of established firms in either an upstream or a downstream industry. These spinouts represent a type of organizational structure through which knowledge is shared and transferred between vertically related industries. We propose that a key determinant of both their formation and their successful performance is the contextual knowledge that they inherit from their pre-entry experience in a vertically related industry. We examine spinout entry and performance in three vertically related industries over a 10-year period: semiconductors, telecommunications equipment, and telecommunications networks/connectivity. Our results show that vertical spinouts constitute a significant share of startups in these related industries and that they are more likely to survive than other de novo entrants. We discuss the implications of our findings for the literatures on entrepreneurship and industry dynamics.
000047777 542__ $$fhttps://academic.oup.com/pages/using-the-content/citation
000047777 590__ $$aPublished online: 2019
000047777 650_0 $$aInnovation
000047777 650_0 $$aTechnology
000047777 650_0 $$aIntellectual property
000047777 650_0 $$aEntrepreneurship
000047777 7001_ $$aAdams, Pamela,$$vauthor.
000047777 7001_ $$aMalerba, Franco,$$eauthor.
000047777 7001_ $$aFontana, Roberto,$$eauthor.
000047777 7731_ $$tIndustrial and Corporate Change,$$wINCC
000047777 830_0 $$aIndustrial and Corporate Change$$vINCC 2019, 28(3), 529-550
000047777 85641 $$uhttps://doi.org/10.1093/icc/dtz014$$yRead the Article
000047777 904__ $$aArticle
000047777 980__ $$aINCC