Research-based spin-off companies are a special subgroup of new technology-based ventures and play an important role for innovation and economic development. Executive teams of academic spin-offs face several challenges in building up sustainable and profitable ventures, because they often lack managerial and entrepreneurial skills. Based on a quantitative analysis of 193 German spin-offs RigoTietz examines the relationships between executive team characteristics, strategic decision making, and firm performance. The study contributes to the entrepreneurship and strategic management literature and has practical implications for entrepreneurs and managers, policymakers and practitioners of start-up initiatives and technology transfer organisations.

Publication in the field of economic sciences Includes supplementary material: sn.pub/extras

Autorentext

Dr. Rigo Tietz received his doctoral degree from the University of Technology Dresden under the supervision of Prof. Dr. Michael Schefczyk, Department of Entrepreneurship and Innovation.

Inhalt
Literature review of research-based spin-off companies.- Theoretical background of entrepreneurship and strategic management.- Examined links between executive characteristics, strategic decision making, and performance.- Empirical results and discussion.