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ID 117955
Title Alternative
The Determinant of University Spin-off Ventures that Went Public in the Short Term : A qualitative comparative analysis for management resources
Author
Kubo, Yuichiro Kobe University
Kutsuna, Kenji Kobe University
Content Type
Journal Article
Description
We performed the qualitative comparative analysis to test which interaction among founding team characteristics and other management resources affect the short-term initial public offerings (IPOs). We used data from the Ministry of Economy, Trade and Industry (METI), 65 university-launched ventures with IPO. We found three causal pathways for achieving IPO rapidly from establishment. The first pathway is founded by experienced top management personnel and the filing of patent applications. The second pathway is a student-founded company with patent applications and university VC raised fund. And the third is a founding team of researchers and management personnel with university VC raised fund. This research contributed to imprinting theory by investigating the relationship of achieving IPO from establishment quickly and the combination of founding team and the other management resources of university-launched ventures in Japan. In addition, practical implications were presented for VCs and support organizations regarding the composition of the founding team and the nature of support for achieving IPO rapidly.
Journal Title
The Journal of Science Policy and Research Management
ISSN
09147020
24327123
NCID
AN1030142X
Publisher
研究・イノベーション学会
Volume
37
Issue
4
Start Page
404
End Page
417
Published Date
2023-01-31
Remark
p.486に英語抄録あり
EDB ID
DOI (Published Version)
URL ( Publisher's Version )
FullText File
language
jpn
TextVersion
Publisher
departments
Center for Research Administration & Collaboration
Shikoku Innovative and Collaborative Organization for Industry, Academia and Government