Abstract
Spin-offs create financially and administratively stand-alone units that hold a strong affiliation with the parent firm due to the concurrence of the ownership structure. So far, few studies have adopted a process perspective to investigate on the value creation of spin off transactions. We argue that spin-off generation does not constitute firm failures, as parents have clear channels to appropriate values of network structure from their spun-off units. We use a network perspective on inter-?rm collaboration to observe parent-spun-off unit relationship and develop research propositions to shed new light on the mechanisms that drive the post spin-off events.
Original language | English |
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Pages (from-to) | 921-928 |
Number of pages | 8 |
Journal | American Journal of Applied Sciences |
Volume | 11 |
DOIs | |
Publication status | Published - 2014 |
Externally published | Yes |
Keywords
- network
- spin-off