This paper examines the characteristics of spinoffs in Sweden. Using a matched employee-employer dataset for the time period 2001 to 2007, the purpose of this paper is to investigate if there are any differences between spinoffs that originate from multinational enterprises versus spinoffs that originate from domestic firms. The main hypothesis tested in this paper is that spinoffs from multinational enterprises will have lower hazard rates due to possessing some type of ownership advantage. The hypothesis is tested with duration analysis and a piecewise exponential hazard model that allows to control for important variables. The results from the empirical analysis does not give any support to the hypothesis that being a spinoff from a multinational parent decreases the hazard rate. However, results from a comparative duration analysis indicate that there are some differences between spinoffs from multinational and domestic parents. Another novel finding of the paper is that the hazard rate of a spinoff is an increasing function of the ratio of foreign employees.