is not markedly different than elsewhere. In line with previous studies, spinoffs of incumbents perform better than other … growth of spinoffs is greater the larger the size of their parent, which contrast sharply with findings for firms with a …

We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs … increases the rate of spinoffs from original firms. Indeed, if employers have all the bargaining power vis-à-vis their employees …, optimal entry of original firms and all subsequent employee spinoffs is achieved, despite the fact that the original firm can …