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Policy and institutions facilitating entrepreneurial spin-offs: USA, Asia and Europe

Rosa Caiazza (Dipartimento di Studi Aziendali e Quantitativi, Parthenope University of Naples, Napoli, Italy)
David Audretsch (Insititute of Development Strategies, Indiana University, Bloomington, Indiana, USA)
Tiziana Volpe (National Research Council (CNR), Institute for Service Industry Research (IRAT), Naples, Italy)
Julie Debra Singer (Institute of Development Strategies, Indiana University, Bloomington, Indiana, USA)

Journal of Entrepreneurship and Public Policy

ISSN: 2045-2101

Article publication date: 14 October 2014

492

Abstract

Purpose

Existing work documents the role that institutional setting plays in the process of spin-off creation. However, despite decades of studies, scholars have not clearly explained why some regions are more involved in spin-off activity than others. Drawing from institutional theory, the purpose of this paper is to compare different institutional settings identifying factors affecting the general environment capability to support spin-off activity of a specific region.

Design/methodology/approach

The authors utilize a cross-national analysis of American, Asian, and European areas identifying factors affecting their different rate of spin-off activity. This study contributes to the policy debate concerning entrepreneurship and how best to spur spin-off activities.

Findings

In this paper, the authors identify the general and specific factors that explain the cross-national diversity in spin-off creation. The authors then perform an analysis of the impact of these factors in various regions of the USA, Asia, and Europe, providing evidence for the necessity of specific combinations of these factors.

Originality/value

The paper offers a new perspective on the causes of spin-offs through a cross-national analysis of many areas around the world.

Keywords

Citation

Caiazza, R., Audretsch, D., Volpe, T. and Debra Singer, J. (2014), "Policy and institutions facilitating entrepreneurial spin-offs: USA, Asia and Europe", Journal of Entrepreneurship and Public Policy, Vol. 3 No. 2, pp. 186-196. https://doi.org/10.1108/JEPP-04-2013-0013

Publisher

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Emerald Group Publishing Limited

Copyright © 2014, Emerald Group Publishing Limited

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