Literaturnachweis - Detailanzeige
Autor/inn/en | Parente, Roberto; Feola, Rosangela; Petrone, Michele |
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Titel | Corporate Governance Models as a Bridge for Linking Academic and Non-Academic Entrepreneurs: The Case of Italian Spin-Offs |
Quelle | In: Industry and Higher Education, 25 (2011) 2, S.119-131 (13 Seiten)Infoseite zur Zeitschrift
PDF als Volltext |
Sprache | englisch |
Dokumenttyp | gedruckt; online; Zeitschriftenaufsatz |
ISSN | 0950-4222 |
DOI | 10.5367/ihe.2011.0036 |
Schlagwörter | Governance; Entrepreneurship; Foreign Countries; Models; Corporations; Investment; Research and Development; Scientific Research; Italy |
Abstract | This paper reports an investigation of governance issues in Italian academic spin-offs that arise from the need to balance the powers of two categories of partner: academic inventors and external investors (such as established companies and venture capital funds). The relationship between inventors and external investors, jointly pursuing a research-based entrepreneurial opportunity, provides an interesting case for the application of the agency theory construct to define adequate corporate governance procedures. The paper has two main objectives: to analyse the governance models adopted by academic spin-offs and to ascertain whether the very nature of entrepreneurial opportunity, and the associated uncertainties that a new venture faces, influence the choice of the governance model adopted. A sample group of 30 Italian academic spin-offs is analysed and three different governance models, inventor-led spin-offs, mixed-led spin-offs and investor-led spin-offs, are defined. (Contains 1 note and 2 tables.) (As Provided). |
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Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
Update | 2017/4/10 |