The sustainable growth of university spin- offs has been a hot issue in academic and business circles. Based on the social network theory and the resource- based view of the firm,the paper builds a conceptual model among network embeddedness,technology capability and university spin- offs' performance and empirically examines the relationships from 134 university spin- offs in Hunan Province etc. by using structure equation modeling. The research results show that structural embeddedness,relational embeddedness and cognitive embeddedness of ne...