Does interdisciplinarity lead to higher employment growth of academic spinoffs?
AbstractDoes heterogeneity in the educational backgrounds of the founders matter for firm success? Are team foundations more successful than single entrepreneurs? These questions are analysed using data on academic spinoffs in Germany. Firm success is measured by employment growth. I find that team foundations have higher employment growth than single entrepreneurs. Team foundations of engineers perform better when they have a business scientist in the team. However, different subjects per se and heterogeneity in the academic origins of the founders do not play a significant role for the employment growth of academic spinoffs. --
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Bibliographic InfoPaper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 09-087.
Date of creation: 2009
Date of revision:
human capital; entrepreneurship; academic spinoffs; employment growth;
Find related papers by JEL classification:
- 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-2010-02-05 (All new papers)
- NEP-EDU-2010-02-05 (Education)
- NEP-ENT-2010-02-05 (Entrepreneurship)
- NEP-HRM-2010-02-05 (Human Capital & Human Resource Management)
- NEP-LAB-2010-02-05 (Labour Economics)
- NEP-MIC-2010-02-05 (Microeconomics)
- NEP-SBM-2010-02-05 (Small Business Management)
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