University spin-out companies face major impediment ofaccess to venture capital. Using a finance pecking order perspective, thisstudy examines the problems that university spin-out (USO) companies face whenseeking venture capital. Focus is on USOs that are expected to have growthprospects but...

Analyzes the effects of entrepreneurial team dynamics onthe performance of academic spinoffs. First, the definition of entrepreneurialteams is offered, and the link between team structure and performance isexamined. Next, data from a detailed field study of ten academic spinoffs inFlanders are...