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The role of the entrepreneurial team and the board of direct internationalization of academic spin-offs

This study addresses the roles of the entrepreneurial team and the board of directors in the internationalization of academic spin-off companies. The study is based on a quantitative analysis of 109 spin-offs from Norwegian academic institutions. The findings suggest that academic spin-offs are more...

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Bibliographic Details
Main Author: Bjornali, Ekaterina S
Format: Article
Language:English
Published: 2012
Subjects:
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008 160615b2012 xxu||||| |||| 00| 0 eng d
100 |a Bjornali, Ekaterina S 
245 |a The role of the entrepreneurial team and the board of direct internationalization of academic spin-offs  |c Bjornali, Ekaterina S. 
260 |c 2012 
300 |a 350-377 
520 |a This study addresses the roles of the entrepreneurial team and the board of directors in the internationalization of academic spin-off companies. The study is based on a quantitative analysis of 109 spin-offs from Norwegian academic institutions. The findings suggest that academic spin-offs are more likely to achieve both international strategic alliances and international sales with entrepreneurial teams having industrial experience that is both highly homogeneous (where each member has work experience in the same industry) and highly diverse (where each member has work experience in different industries) and board members that have diverse functional backgrounds. Firms that are less dependent on networking by board members to increase legitimacy and build relationships with potential foreign customers are more likely to achieve international sales. 
650 |a International New Venture 
650 |a Born Global 
650 |a Board 
650 |a Team 
650 |a Academic Spin-Off 
650 |a Internationalization 
773 |a Journal of International Entrepreneurship  |d December 
999 |c 42449  |d 42449