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 spinoffs 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 ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 06-81.
Date of creation: 2006
Date of revision:
Higher Education; Human Capital; Entrepreneurship; Spin-off;
Other versions of this item:
- Bettina Müller, 2006. "Human Capital and Successful Academic Spin-Off," Working Papers of the Research Group Heterogenous Labor 06-14, Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim.
- C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-04-14 (All new papers)
- NEP-EDU-2007-04-14 (Education)
- NEP-ENT-2007-04-14 (Entrepreneurship)
- NEP-HRM-2007-04-14 (Human Capital & Human Resource Management)
- NEP-INO-2007-04-14 (Innovation)
- NEP-IPR-2007-04-14 (Intellectual Property Rights)
- NEP-KNM-2007-04-14 (Knowledge Management & Knowledge Economy)
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