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Using relationship distance to maintain innovation capability for university spin-offs
Lunds universitet/University of Exeter.
Linköping University, Department of Management and Engineering, Industrial Marketing and Industrial Economics. Linköping University, The Institute of Technology.
2013 (English)In: The XXIV ISPIM Conference - Innovating in Global Markets: Challenges for Sustainable Growth, Lappeenranta, Finland: Lappeenranta University of Technology Press , 2013Conference paper (Other academic)
Abstract [en]

University spin-offs are often treated as key to establishing new high-tech ventures. The importance of relationships for such ventures has been extensively emphasised, particularly concerning innovation co-creation commercialisation. But do such establishments really produce value to the spin-off and foster its further development of innovations? This paper argues that distance in relationship is important for the continuous innovativeness of the spin-off, and discusses how such distance impacts the innovation capabilities and co-creation of a university spin-off. The paper presents a longitudinal case study of a Swedish university high-tech spin-off. It points to how horizontal proximity in the supply chain facilitates the development of the core technology but that relationship distance, in the form of geographic and vertical supply-chain distance, positively impacts the innovation capabilities of the spin-off. Supply-chain distance results in knowledge distance (or fit) which facilitates this freedom, yet moderates the co-creative capability between various parties.

Place, publisher, year, edition, pages
Lappeenranta, Finland: Lappeenranta University of Technology Press , 2013.
Keyword [en]
University spin-offs, relationship distance, innovation capability, co-creation, supply chain, geographic, knowledge
National Category
Business Administration
URN: urn:nbn:se:liu:diva-95904ISBN: 978-952-265-421-2OAI: diva2:639466
XXIV ISPIM Conference, 16-19 June 2013, Helsinki, Finland
Available from: 2013-08-07 Created: 2013-08-07 Last updated: 2014-05-12Bibliographically approved

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Grundström, Christina
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Industrial Marketing and Industrial EconomicsThe Institute of Technology
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