Our model is based essentially on the network benefits - the social capital between parent firms and spin-offs, status, legitimacy and reputation spillovers - primarily for

Koster and Van Wissen (2003) propose a taxonomy of new firm formation into four different founding types (start-ups, spin-outs, spin-offs, corporate spin-offs), based on the

[Associate Chief Counsel (Corporate), Internal Revenue Service] 1:30 | Current Issues in Divisive Strategies — Spin-Offs Tax-free spin-offs, split-offs and split-ups under Section

 Academic spin-offs are a vehicle to commercialise research results generated at universities and other scientific institutions..  Academic spin-offs exhibit better

Keywords : university spin-offs; capital structure; corporate governance; firm’s leverage; firm ownership; board of

If the transaction is structured as a split-off, the distribution will be treated as a taxable redemption of Parent stock for Spinco stock and will be taxed to Parent stockholders

Further, the decision of the firm to divest its assets through a spin-off or a sell-off will be perceived by the market as a signal of the firm’s under- or overvaluation relative

Compared specifically to spin-offs from leading UK Universities, the ETH Zurich spin- offs show higher survival rates, a slightly lower job-creation, a significantly lower

HERO PIECE PR / 2.0 PPC Advertising Email Direct mail HERO PIECE Research Identify micro-themes Plan spin-offs Write Produce SPIN-OFFS PR features Blogs Infographics SlideShare

Percentage of incubated companies Companies being incubated within STPs New firm creation - Universities - Firms Transfer of resources for new firm creation Spin-offs

public  research,  private  spin-­‐offs  and  ultimately  science-­‐university  research

university spin-off, market orientation, customer orientation, competitor orientation, MKTOR scale, orientation development, Development Process Framework, qualitative

On the other hand, when the incumbent’s private bene fi ts from fi rm 2 are small, the board would spin o ff fi rm 2, knowing that this would lead to an increase in combined

(2003a) found that one in three spin-offs in research and knowledge-intensive industries that are based on new research results and half of all spin-offs in research

After this, the success dimensions are reduced through principal component analysis and the importance of the single Spin-Off factors is analysed4. “Top-down typologies”

In this paper we focus on an important but neglected aspect of knowledge transfer from academic research involving the indirect flow to entrepreneurship by individuals

Our study finds that: (1) before size adjustment, there is a significant outperformance in the few days surrounding the announcement date (short-run) for parent firms; (2) before size

Myers and Majluf (1984) show that in firms that are made up of a combination of units with assets in place and units with growth options, external financing of the