Sources of Bioentrepreneurship: The Cases of Germany and Japan

Müller, Christian; Fujiwara, Takanori; Herstatt, Cornelius

doi:10.1111/j.1540-627x.2004.00099.x

Cited by 31 publications

(36 citation statements)

References 14 publications

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“…In some smaller sub-sectors, such as biotechnology, spin-offs grow rapidly and dominate the industry. The same goes for other sectors, such as optics, medical technologies and information technologies (Egeln et al 2002;Müller et al 2004).…”

Section: Introductionmentioning

confidence: 92%

Success of research-based spin-offs. State-of-the-art and guidelines for further research

Helm

Mauroner

2007

RMS

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The topic of this paper is research-based spin-offs from public organisations. The initial point is a discussion about the economic benefit of such companies. The paper investigates factors influencing the generation, development, and growth of research-based spin-offs built on scientific know-how or research results. An analysis of previous empirical studies allows the identification of three main groups of success factors, concerning the founder, the environment, and the later company itself. Based on Gartner's framework of new venture creation-used as a structure-building tool and substitute of entrepreneurial theory - we give an overview of entrepreneurial success factors. We also identify inconsistencies and gaps in empirical evidence and guidelines for further research. Particular explanation seems to be necessary for incentives, ideas, and incubation environments, all having an impact on formation and performance of spin-offs

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Section: Introductionmentioning

confidence: 92%

Success of research-based spin-offs. State-of-the-art and guidelines for further research

Helm

Mauroner

2007

RMS

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“…Moreover, these few firms belong mostly to established industries, such as machinery, wholesale and retail, and less to new business or technology sectors (Nakagawa, 1999). New sectors are, if at all, founded by affiliated keiretsu-firms (enterprise groups), as Müller et al (2004) found for the biotechnology industry. The OECD (2006: 10), therefore, recommended that the 'focus [of] support for R&D [should be] on new start-ups rather than on existing companies as it is now the case'.…”

Section: Context: the Nature Of Japan's Competitivenessmentioning

confidence: 98%

Innovation, Institutions and Entrepreneurs: The Case of ‘Cool Japan’

Storz

2008

Asia Pacific Business Review

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The Japanese innovation system is said to possess distinct weaknesses. One indicator is that in most new key industries, Japan is underrepresented on the world market. Given Japan's success until the beginning of the 1990s, this development was quite unexpected and has induced comprehensive reforms of the Japanese innovation system. Apparently, those institutions that were responsible for the economic success of the 1980s now hinder Japan's ability to adapt to and create new industries. This paper argues that while some reforms of the Japanese innovation system may be necessary, a paradigm change is not. Mainly one argument is provided for a more optimistic stance towards the sustainability of Japan's competitiveness: the plasticity of innovation systems. With reference to one new and 'cool' industry, the Japanese game software sector, the relevance of the concept of plasticity is illustrated.

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“…Parent company outposts will be run as appendages of the multinational, reflecting the subsidiary's role in accessing a host‐country subsidy (Wilson, ), testing facilities, less restrictive health or environmental regulations (Müller, Fujiwara and Herstatt, ; Witt and Lewin, ) or lower‐cost talent (Manning, Sydow and Windeler, ). Because parent company outposts take advantage of an aspect of a host‐country's innovation system that does not require the subsidiary to be strongly embedded locally, any local personnel are unlikely to have much authority and will probably not have organizational careers or stock options.…”

Section: Internal and External Embeddedness And The Development Of Kmentioning

confidence: 99%

Institutions and the Diversity and Prevalence of Multinationals’ Knowledge‐Augmenting Subsidiaries

Allen

Lange

2017

British J of Management

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Multinational corporations (MNCs) increasingly seek to gain access to, and exploit, locationally specific sources of advanced knowledge and technological capabilities, creating a need to explain (1) the diversity among these facilities and (2) how institutions influence MNCs’ abilities to invest in different subsidiary types. Extending debates on firms’ knowledge‐augmenting activities, the authors integrate institutions into their analytical framework to a greater extent than previous work has done. Moreover, existing contributions provide typologies of R&D subsidiaries. In contrast, the authors focus on a particular subset of subsidiaries, knowledge‐augmenting ones, and put forward a theory to explain their variety and their prevalence, enabling them to identify previously neglected subsidiary types that have important managerial and policy implications. By downplaying the diversity of these subsidiaries, existing work has not been able to capture the full range of managerial challenges as well as the costs and benefits of different subsidiary types to host countries. The authors, therefore, problematize firms’ abilities to gain access to foreign knowledge‐generating assets, highlight the importance of institutional environments, provide policy recommendations and identify areas for future research.

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Sources of Bioentrepreneurship: The Cases of Germany and Japan

Cited by 31 publications

References 14 publications

Success of research-based spin-offs. State-of-the-art and guidelines for further research

Success of research-based spin-offs. State-of-the-art and guidelines for further research

Innovation, Institutions and Entrepreneurs: The Case of ‘Cool Japan’

Institutions and the Diversity and Prevalence of Multinationals’ Knowledge‐Augmenting Subsidiaries

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