Executive teams in research-based spin-off companies: an empirical analysis of executive team characteristics, strategy, and performance

Abstract

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, Rigo Tietz examines the relationships between executive team characteristics, strategic decision-making, and firm performance. Contents · 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 Target Groups · Researchers and students in the fields of entrepreneurship and strategic management · Entrepreneurs and managers of academic spin-offs and technology-based ventures, policymakers and practitioners of start-up initiatives and technology transfer organisations The Author 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.