The aim of this paper is to explain successful product and service innovation by spin-offs from public research centres and to investigate how innovativeness, stage of development, market knowledge and parent support influence the market entry and the long term market performance of spin-offs....

In this paper, we address spin-off ventures from research centres. Based on an analysis of existing empirical studies on spin-offs we identify major groups of success factors. Empirical evidence shows a notable lack of studies which refer to the technology transfer process, especially the...