first time to compare firms founded as employee spinoffs to new firms without parents and to diversification ventures of … existing firms entering a new industry. Employee spinoffs are defined either as the director/manager having moved from a parent …, employee spinoffs account for between one-sixth and one-third of the new firms in Brazi's private sector during this period …

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 … single owner. -- Sweden ; spinoffs ; new firm formation ; entrepreneurship ; performance ; employment growth …