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CIRCLE, Center for Innovation, Research and Competences in the Learning Economy, Lund University Papers in Innovation Studies, CIRCLE, Center for Innovation, Research and Competences in the Learning Economy, Lund University

No 2006/6:
A Knowledge-based Categorization of Research-based Spin-off Creation

Jonas Gabrielsson (), Hans Landström () and Brunsnes E. Thomas

Abstract: In this paper we argue for the need of sector contextualization to achieve a better understanding of new venture activities aimed at commercializing university generated knowledge. From this perspective, we contend that an analysis of the creation of research-based spin-offs (RBSOs) must take place within a context of the specific knowledge base around which the new venture is formed. Two distinct knowledge bases are identified: analytical (science-based) knowledge and synthetic (engineering-based) knowledge. Propositions related to the processes governing the creation of RBSOs are developed, depending on whether the opportunity around which the new venture is formed has an analytical or a synthetic knowledge base. This means that we see the formation and early development of RBSOs as a historically determined heterogeneous trajectory, where differences in the underlying knowledge base may significantly affect the new venture creation process.

Keywords: Entrepreneurship; knowledge bases; new venture creation; researchbased spin-offs; university-generated knowledge; (follow links to similar papers)

JEL-Codes: O30; (follow links to similar papers)

27 pages, June 1, 2006

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