Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/31821 
Year of Publication: 
2006
Series/Report no.: 
Papers on Economics and Evolution No. 0620
Publisher: 
Max Planck Institute of Economics, Jena
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

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