A Study of Academic Entrepreneurs Using Venture Capital Data
AbstractAcademic entrepreneurship has become an increasingly important channel through which universities contribute to economic development. This paper studies academic entrepreneurs using a comprehensive venture capital database. I find that about two-thirds of the academic entrepreneurs locate their businesses in the same state as their universities. National academy membership and number of faculty awards, measures of a university’s research quality, are the most significant variables in explaining the number of academic entrepreneurs from a university. In contrast, the abundance of venture capital near the university has no significant effect on academic entrepreneurship.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 2992.
Length: 46 pages
Date of creation: Aug 2007
Date of revision:
Publication status: published under the title 'Why Do Some U.S. Universities Generate More Venture-Backed Academic Entrepreneurs than Others?' in: Venture Capital, 2009, 11(2), 133-162
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Other versions of this item:
- Junfu Zhang, 2006. "A Study of Academic Entrepreneurs Using Venture Capital Data," PPIC Working Papers 2006.01, Public Policy Institute of California.
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-09-02 (All new papers)
- NEP-EDU-2007-09-02 (Education)
- NEP-ENT-2007-09-02 (Entrepreneurship)
- NEP-HRM-2007-09-02 (Human Capital & Human Resource Management)
- NEP-INO-2007-09-02 (Innovation)
- NEP-SOG-2007-09-02 (Sociology of Economics)
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