Add to ORKGThis research compares the performance of spinoffs and buyouts divested to commercialize innovations. The authors study 145 spinoffs and 121 buyouts that occurred in the United States between 1996 and 2005. Analysis provides three critical findings. First, spinoffs have higher profits in the two years after divestiture; afterwards, buyouts have higher profits. Second, strategic emphasis (investment in R&D versus marketing) is the mechanism that explains the diverging profitability of spinoffs and buyouts over time. Third, this occurs through two routes: a one-step mediated effect via strategic emphasis; a two-step mediated effect via strategic emphasis and radicalness
Firms increasingly use acquisitions and divestitures to acquire strategic assets such as technologic...
Parent companies usually undertake corporate spin-offs to cope with higher competitive environments...
Corporate entrepreneurship and corporate spin-offs have gained importance over the last decades. Cor...
This paper tests the anecdotal literature related to the reasons that lead to a successful outcome (...
Four major stylized facts about spinoffs have been identified by the literature: (1) spinoffs perfor...
This paper reviews the literature on the factors that influence the wealth effects associated with t...
Although the existence of spinoff equity gains is well documented, their source remains controversia...
Four major stylized facts about spinoffs have been identified by the literature: (i) spinoffs perfor...
Although the existence of spinoff equity gains is well documented, their source remains controversia...
Four major stylized facts about spinoffs have been identified by the literature: (i) spinoffs perfor...
Parent companies usually undertake corporate spin-offs to cope with higher competitive environments ...
Literature often discusses matters concerning mergers and acquisitions. On the other hand, from an a...
This study analyzes how firms choose between a spin-off and an equity carve-out as a way to divest a...
Are the success factors of Research-based spin-offs (RBSO) transferable to the context of Corporate ...
Purpose: This paper describes and discusses company spin-ins and spin-outs as a means to understand ...
Firms increasingly use acquisitions and divestitures to acquire strategic assets such as technologic...
Parent companies usually undertake corporate spin-offs to cope with higher competitive environments...
Corporate entrepreneurship and corporate spin-offs have gained importance over the last decades. Cor...
This paper tests the anecdotal literature related to the reasons that lead to a successful outcome (...
Four major stylized facts about spinoffs have been identified by the literature: (1) spinoffs perfor...
This paper reviews the literature on the factors that influence the wealth effects associated with t...
Although the existence of spinoff equity gains is well documented, their source remains controversia...
Four major stylized facts about spinoffs have been identified by the literature: (i) spinoffs perfor...
Although the existence of spinoff equity gains is well documented, their source remains controversia...
Four major stylized facts about spinoffs have been identified by the literature: (i) spinoffs perfor...
Parent companies usually undertake corporate spin-offs to cope with higher competitive environments ...
Literature often discusses matters concerning mergers and acquisitions. On the other hand, from an a...
This study analyzes how firms choose between a spin-off and an equity carve-out as a way to divest a...
Are the success factors of Research-based spin-offs (RBSO) transferable to the context of Corporate ...
Purpose: This paper describes and discusses company spin-ins and spin-outs as a means to understand ...
Firms increasingly use acquisitions and divestitures to acquire strategic assets such as technologic...
Parent companies usually undertake corporate spin-offs to cope with higher competitive environments...
Corporate entrepreneurship and corporate spin-offs have gained importance over the last decades. Cor...