Corporate Spin-Off processes are very interesting phenomena for management theory and practice. In theory, Corporate Spin-Offs are both a driver and a result of organisational change, offering the possibility to investigate an area where companies are genuinely sharing experience and best practice. In practice, Corporate Spin-Off processes are frequent and highly successful, but not as well-regarded as Merger and Acquisition strategies and less understood by the decision-makers.
Success Factors of Corporate Spin-Offs was designed to meet these demands by analysing the success factors of Corporate Spin-Offs, their relative contribution to the process and the role of the different actors involved. Based on an extensive literature review and a new Spin-Off typology, a broad range of success factors and success dimensions is proposed. Using a combination of multivariate models, the responses from 211 European companies to a questionnaire are analysed and typologies derived.
| Preface | |
| Abstract Executive | |
| Summary | |
| General Considerations On Spin-Offs | |
| Introduction | |
| Existing Definitions Of Corporate Spin-Offs | |
| A General Typology Of Existing Definitions | |
| A Survey Of Existing Research | |
| A Proposal For Spin-Off Classification By Factors Of Competitiveness | |
| Characteristics Of Corporate Spin-Offs | |
| Effects Of Corporate Spin-Offs | |
| A Conceptual Phase Model | |
| Development Of A Definition | |
| Summary Of The Existing Research | |
| Factors Affecting Spin-Off Processes | |
| Introduction | |
| Factors from Literature | |
| Factors related to the business activity | |
| Factors related to Organisation and Governance | |
| Relationship and Support Factors | |
| Transfer Factors | |
| Motivational Factors | |
| Factors from the Business Environment | |
| New Factors To Be Considered | |
| Business-related Factors | |
| Organisational and Governance Factors | |
| Motivational Factors | |
| Summary Overview | |
| Research Questions | |
| Development Of An Empirical Model | |
| Introduction | |
| Preceding Analyses And Underlying Models | |
| Univariate Models: Event-Date Analysis | |
| Multivariate Models | |
| Summary Of The Empirical Review | |
| Steps Of Analysis To Investigate The Research Questions | |
| Analysis of the Process Factors | |
| Analysis of the Success Factors | |
| Summary of the Steps of Analysis and their Relation to the Research Questions | |
| Presentation Of The Models Involved In The Analysis | |
| Degree Of Novelty And Expected Contribution To Science | |
| Development Of The Questionnaire | |
| Introduction | |
| Basic Considerations For Questionnaire Design | |
| Formulation of the Questions | |
| Order of the Questions | |
| Layout of the Questionnaire | |
| Revision and Pretest | |
| Formulation Of The Factors In The Questionnaire | |
| Development And Operationalisation Of The Success Dimensions | |
| Relationship Between The Questionnaire And The Scales For Analysis | |
| Structure And Design Of The Questionnaire | |
| Sample Size And Composition | |
| Sample Size | |
| Sample Composition | |
| Analysis Of The Results | |
| Introduction | |
| Descriptive Statistics Of The Responses To The Questionnaire | |
| Responses by country | |
| Responses by Sector | |
| Main Characteristics of the Companies in the Sample | |
| "Bottom up" Typologies | |
| A "Bottom-up" Typology for all Cases | |
| A "Bottom-up" Typology for Spin-Offs and Parents | |
| Main Characteristics of Parents and Spin-Offs by Process Type | |
| Differences between Parents and Spin-Offs by Process Types | |
| Motives For The Spin-Off Decision | |
| Establishment Of The Success Dimensions | |
| Objective Success Dimensions | |
| Subjective Success Dimensions | |
| Summary of the Success Dimensions | |
| Importance Of The Single Factors | |
| Factors related to the Business Activity | |
| Organisational and Governance Factors | |
| Relationship and Support Factors | |
| Transfer Factor | |
| Motivational Factors | |
| Business Environment Factors | |
| "Top-Down" Typologies | |
| Typologies by the Role in the Spin-Off Process | |
| Top-Down Typology by Success Dimensions | |
| Summary Of The Results | |
| Synthesis And Conclusions | |
| Introduction | |
| Contributions To The Research Questions | |
| Contributions of the Individual Factors | |
| Influence of the Interplay of Factors | |
| Typologies of factors | |
| Conclusions for Institutional Spin-Offs, Non Spin-Offs and Policymakers | |
| Future Research Needs | |
| Annex | |
| Methods Of Analysis And Their Evaluation | |
| Criteria For Data Generation | |
| The Questionnaire | |
| Example Results | |
| Index | |
| References | |
| About The Author | |
| Table of Contents provided by Publisher. All Rights Reserved. |
ISBN: 9780387242255
ISBN-10: 0387242252
Series: International Studies in Entrepreneurship
Audience:
Tertiary; University or College
Format:
Paperback
Language:
English
Number Of Pages: 276
Published: 1st March 2005
Dimensions (cm): 23.4 x 15.5
x 1.8
Weight (kg): 0.476