Spin-Offs as Core Vehicles for Strategic Renewal and External Knowledge Sourcing: An Attention Based View
Type
conference paper
Date Issued
2015-10-03
Author(s)
Abstract
This study explores corporate spin-off initiatives as core vehicles for strategic renewal in incumbent firms. In contrast to prior research that considers spin-offs as a means to exploit knowledge inherited from the parent firm, we investigate how spin-offs are used for the exploration of knowledge. Research implies that firms will seize novel resources if their attention is directed to the external environment. Following the attention-based view of the firm, a favorable organizational set-up has to be established. Therefore, we first study the organizational structures of four spin-off initiatives, how these affected the regulation of attention and, in turn, influenced the spin-off initiative in acquiring new knowledge.. Based on an in-depth study of four cases, we contribute to literature on strategic renewal, spin-offs and the attention-based view.
Language
English
HSG Classification
contribution to scientific community
Refereed
Yes
Book title
Strategy Expanding : Making Sense of Shifting Field and Firm Boundaries
Publisher
SMS Strategic Management Society
Publisher place
Chicago, IL
Start page
1
End page
8
Pages
8
Event Title
Strategic Management Societiy (SMS) 35th Annual International Conference
Event Location
Denver
Event Date
03-06.10.2015
Subject(s)
Eprints ID
242172