Impact of the Type of Corporate Spin–Off on Growth
研究了三种公司分拆类型(现有企业支持型、机会型、生存型)对增长的影响,基于佛兰德地区46个案例发现机会型分拆表现最好。
Although previous research shows that corporate spin–offs contribute to economic growth, few studies link growth to the type of corporate spin–off. We distinguish between three types of corporate spin–offs: incumbent–backed, opportunity, and necessity spin–offs. Using empirical data on 46 corporate spin–offs in Flanders, we find that opportunity spin–offs outperform the other two types. By identifying the type of corporate spin–offs, this study aims to add to our knowledge on the relationship between spin–off type and firm growth.