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Martin Ganco |
Abstract: Entrepreneurial Teams and Spin-out Formation The primary objective of this research is to understand entrepreneurial teams - their formation, decision-making processes, changes over time and environmental contingencies. The context is the formation of entrepreneurial start-ups founded by former employees of an incumbent active within the same industry - that is, a spin-out. Although empirical research on spin-outs and their contribution to growth and innovation is increasing, theoretical work is still limited. This study will build and test a model that would help to explain spin-out formation by integrating several of the extant theoretical perspectives. It will address such key questions as why disagreements within entrepreneurial teams arise, when disagreements lead to the departure of one of the founders and establishment of a new start-up, and the performance implications for the start-up and the incumbent. |