From Laboratory to Market: On the Propensity of Young Inventors to Form a New Business
AbstractMany researchers have studied correlates of business formations. Through the case-based and statistical literature several broad categories of influence on the entrepreneurial decision to start a new business have been identified. We contribute to this literature though our statistical analysis of a unique database of young inventive scientists and engineers and their propensity toward a new business formation. Our particular focus is on young inventors starting a business based on their creative achievements. Among this group do not find empirical support for the influence of traditional variables—such as age, education, and gender—on the propensity to start a new business. Rather, we find that their entrepreneurial experience as a new business proprietor is driven by dimensions of their university laboratory research experience.
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Bibliographic InfoPaper provided by University of North Carolina at Greensboro, Department of Economics in its series Working Papers with number 11-11.
Length: 16 pages
Date of creation: 03 May 2011
Date of revision:
Entrepreneurship; business formation; patents;
Other versions of this item:
- Albert Link & Dianne Welsh, 2013. "From laboratory to market: on the propensity of young inventors to form a new business," Small Business Economics, Springer, vol. 40(1), pages 1-7, January.
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-05-14 (All new papers)
- NEP-ENT-2011-05-14 (Entrepreneurship)
- NEP-INO-2011-05-14 (Innovation)
- NEP-IPR-2011-05-14 (Intellectual Property Rights)
- NEP-SBM-2011-05-14 (Small Business Management)
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.:
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