Spawned with a silver spoon? Entrepreneurial performance and innovation in the medical device industry
研究高科技行业创业者从原雇主获得的知识如何影响创业绩效，发现医疗器械初创企业中，来自大公司前员工的创业公司表现更好，但优势源于监管策略和营销等非技术知识，而非技术溢出。
Abstract Entrepreneurs in high‐technology industries often have prior experience at incumbent firms, but we know little about how knowledge obtained at the prior employer impacts entrepreneurial performance. Drawing on previous work from strategy, economics, and organizational sociology, I assess the impact of industry experience on entrepreneurial performance and innovation in medical device start‐ups. I find that spawns (ventures started by former employees of incumbent firms) perform better than other new entrants. Interestingly, my findings suggest that this superior performance is not driven by technological spillovers from parent to spawn, but rather by nontechnical knowledge related to regulatory strategy and marketing. Copyright © 2008 John Wiley & Sons, Ltd.