조직및전략 분야 세미나를 아래와 같이 개최하오니, 관심 있는 분들의 많은 참석 부탁 드립니다.

1. 일시: 2018년 10월 4일 (목), 16:00~17:30
2. 장소: 9호관 7층, 9705호 강의실
3. 강사: 이준만 교수 (고려대학교)
4. 주제: How Competitive Tension between Spinouts and Parent Firms Affects Other
Industry Incumbents' Venture Investments: Evidence from the U.S. Medical
Device Industry
5. 연구분야: 조직및전략 분야 

abstract:
This study advances previous research on the knowledge diffusion through employee entrepreneurship that has mainly focused on the dyadic relationship between spinouts and parent firms. Drawing on the literature on employee mobility and entrepreneurship, we investigate how competitive tension between spinouts and parent firms influences other industry incumbents’ decision regarding investments in spinouts. We suggest that a high level of technological overlap between a spinout and its parent firm deters incumbents from making an investment in the spinout because of anticipated hostile actions by parent firms. Moreover, such negative effects can be amplified when parent firms have a strong litigiousness to claim their intellectual property rights. We further suggest that the negative effects are mitigated when incumbents can expect benefits from gaining indirect access to parent firms’ technological knowledge. Using a sample of corporate venture capital investments in the U.S. medical device industry, we find evidence that fully supports our hypotheses.