Theoretical Foundations of the Research Study
Many publications have emphasized the importance of resources for companies in order to be successful. The last two decades have seen the emergence of a new economic theory. This theory has based its foundation on resources and is therefore called the resource-based view (for a historical analysis of this research field, cf. Wernerfelt, 1995; and Barney, 2001b). The author first introduces this theory, which is also the founding theory of this study, and thereafter elaborates why resources are especially important for university spin-offs.
KeywordsDynamic Capability Economic Rent Firm Resource Venture Performance Monopoly Rent
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