Community Research and Development Information Service - CORDIS

Abstract

Corporate Spin-Offs seem not only to be a frequent, but also relatively successful way .of starting a new business. They draw their competitive advantage from the experience acquired within the parent company in combination with the exploitation of entrepreneurial opportunities.

In times where capital flows freely, information technology segments markets and embodied knowledge becomes more and more important, company borders change constantly. Corporate Spin-Offs are a sign and driver of these changes. Policy action that affects Corporate Spin-Offs could try to take advantage of their special role in order to benefit competitiveness and employment.

For the first time, this report constructs a picture of Corporate Spin-Off phenomena and their impacts "on competitiveness and employment in the EU. It shows that there exists little and heterogeneous information about Corporate Spin-Offs. Reliable figures, "best practices" and an applicable definition of Corporate Spin-Offs are still missing. Nonetheless, the information analysed suggests that Corporate Spin-Off processes represent a valuable mechanism for the transfer of S&T and business knowledge and can produce considerable impacts on competitiveness and the socio-economic environment.

The report has identified obstacles that could be remedied by policy action. A pro-active Corporate Spin-Off policy promises considerable synergies at European level. It should be embedded into a general framework of actions that removes obstacles and stimulates entrepreneurship. In this way, also other science and technology oriented measures, start-ups in general and Research-Based Spin-Offs could benefit from policy attention addressed at Corporate Spin-Offs.

The report is the result of a co-operation between two Directorates General of the European Commission (Enterprise and Joint Research Centre), which benefited from the support of experts from industry, science and technology, and policy.

Additional information

Authors: MONCADA-PATERNO-CASTELLO P, JRC-IPTS, Seville (ES);TUBKE A, JRC-IPTS, Seville (ES);HOWELLS J, PREST (UK);CARBONE M, DG_Enterprise, Research, Innovacion and Industrial Change, Brussels (BE)
Bibliographic Reference: EUR 19040 EN (1999), 145pp, Euro: free of charge
Availability: Available from the European Commission, DG XII Communication Unit, rue de la Loi/Wetstraat 200, B-1049 Bruxelles (BE) Tel: +32-2-2950001 Fax:+32-2-2958220 E-mail:rtd-info@ec.europa.eu
ISBN: ISBN: N/A Ref: EUR 1904
Record Number: 200012953 / Last updated on: 2000-12-18
Category: PUBLICATION
Original language: en
Available languages: en