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1、JournalofBusinessVenturing21(2006)541567Theimpactofnetworkcapabilitiesandentrepreneurialorientationonuniversityspin-offperformanceAchimWaltera,*,MichaelAuerb,1,ThomasRitterc,2aChristianAlbrechtsUniversityatKiel,D-24098Kiel,GermanybSteinbeisUniversityBerlin,Gu¨rtelstrasse29A/30,D-102
2、47Berlin,GermanycCopenhagenBusinessSchool,SolbjergPlads3,DK-2000Frederiksberg,DenmarkAbstractDrawingonadatabaseof149universityspin-offs,weinvestigatedtheimpactofnetworkcapability(NC),definedasafirmsabilitytodevelopandutilizeinter-organizationalrelationships,andentrepreneurialorienta
3、tion(EO)onorganizationalperformance.Notonlydotheresultssuggestthataspin-offsperformanceispositivelyinfluencedbyitsNC,butthefindingsalsoindicatethataspin-offsEOfosterscompetitiveadvantages.AlthoughnodirectrelationshipisapparentbetweenEOandsalesgrowth,salesperemployee,orprofitattainme
4、nt,moderatedhierarchicalregressionanalysesrevealthatNCstrengthenstherelationshipbetweenEOandspin-offperformance.Insum,ourresearchshowsthataspin-offsorganizationalpropensitiesandprocessesthatenhanceinnovation,constructiverisktaking,andproactivenessindealingwithcompetitorspersedonoten
5、hancegrowthandsecurelong-termsurvival.However,wefoundthatNCmoderatestherelationshipbetweenEOandorganizationalperformance.D2005ElsevierInc.Allrightsreserved.Keywords:Entrepreneurialorientation;Networkcapability;Universityspin-off;Technologytransfer;Academicentrepreneurship*Correspond
6、ingauthor.Tel.:+494318803999;fax:+494318803213.E-mailaddresses:walter@bwl.uni-kiel.de(A.Walter)8auer@stw.de(M.Auer)8ritter@cbs.dk(T.Ritter).1Tel.:+49302933090;fax:+493029330920.2Tel.:+4538152121;fax:+4538152101.0883-9026/$-seefrontmatterD2005ElsevierInc.Allrightsreserved.doi:10.1016
7、/j.jbusvent.2005.02.005542A.Walteretal./JournalofBusinessVenturing21(2006)541–5671.ExecutivesummaryUniversityspin-offs,usuallyformedtocommercializetechnologiesoriginatingfrompubliclyfundedresearchinstitutions,mayeffectivelycontributetoeconomicprosperityandjobcreation.Althoughthereis
8、increasinginteresti