Spin-Offs and the New Firm Formation Process

by David Garvin



Spin-offs-new firms created by individuals breaking off from existing ones to creak competing companies of their own-are common in many high-tech- no logy industries and others as well. This articles examines the structural conditions conducive to spin-offs and the environments from which they are most likely to arise.

California Management Review

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Published at Berkeley Haas for more than sixty years, California Management Review seeks to share knowledge that challenges convention and shows a better way of doing business.

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