Alliances & Mergers

Spin-Offs and the New Firm Formation Process

David Garvin


Abstract
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

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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