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Title:B2C - bubble to cluster: the dot.com boom, spin-off entrepreneurship, and regional industry evolution PDF Logo
Authors:Buenstorf, Guido
Fornahl, Dirk
Issue Date:2006
Series/Report no.:Papers on economics and evolution 0620
Abstract:This article studies entrepreneurial activities emerging out of one of Germany's most prominent dot.com firms: Intershop, a maker of e-commerce software. We show that Intershop spawned at least 30 spin-offs. The majority entered locally, giving rise to a small but growing software cluster and counteracting the job losses accompanying the parent firm's drastic downsizing after 2000. We trace the knowledge transfer from Intershop to the spin-offs and relate it to recent theorizing on the spin-off process as well as spin-off-based cluster formation. The Intershop case suggests that temporarily successful dot.coms could exert lasting effects on regional development.
Subjects:spin-offs
serial entrepreneurship
industry agglomeration
software industry
JEL:R10
O18
J60
L86
Document Type:Working Paper
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

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