Human Capital and Successful Academic Spin-Off
AbstractAcademic spin-offs are one way in which employability of university graduates is reflected. Using the ZEW spinoff-survey, this paper studies empirically the impact of human capital on the success of academic spin-offs founding in knowledge and technology intensive sectors. The focus is thereby on the composition of human capital which is described according to whether or not the founders have studied several subjects and whether or not they all come from the same research establishment. Additionally the impact of having founded as a team is analyzed. Success is measured by employment growth. The findings suggest that it is advantageous to found within a team, but that the human capital composition both for single entrepreneurs and team foundations is rather irrelevant.
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Bibliographic InfoPaper provided by Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim in its series Working Papers of the Research Group Heterogenous Labor with number 06-14.
Length: 38 pages
Date of creation: 20 Dec 2006
Date of revision:
Higher Education ; Human Capital ; Entrepreneurship ; Spin-off;
Other versions of this item:
- C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
- 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-2007-09-09 (All new papers)
- NEP-EDU-2007-09-09 (Education)
- NEP-ENT-2007-09-09 (Entrepreneurship)
- NEP-HRM-2007-09-09 (Human Capital & Human Resource Management)
- NEP-INO-2007-09-09 (Innovation)
- NEP-IPR-2007-09-09 (Intellectual Property Rights)
- NEP-KNM-2007-09-09 (Knowledge Management & Knowledge Economy)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Edward P. Lazear, 2002.
NBER Working Papers
9109, National Bureau of Economic Research, Inc.
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