Using relationship distance to maintain innovation capability for university spin-offs
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)
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.
University spin-offs, relationship distance, innovation capability, co-creation, supply chain, geographic, knowledge
IdentifiersURN: urn:nbn:se:liu:diva-95904ISBN: 978-952-265-421-2OAI: oai:DiVA.org:liu-95904DiVA: diva2:639466
XXIV ISPIM Conference, 16-19 June 2013, Helsinki, Finland