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The Impact of Balanced Skills, Working Time Allocation and Peer Effects on the Entrepreneurial Intentions of Scientists

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Author Info

  • Petra Moog

    ()
    (University of Siegen)

  • Arndt Werner

    (Institute for SME Research Bonn (IfM Bonn))

  • Stefan Houweling

    ()
    (University of Siegen)

  • Uschi Backes-Gellner

    ()
    (Department of Business Administration (IBW), University of Zurich)

Abstract

To date, little is known about the effects of the composition of skills on academic entrepreneurship. Therefore, in this paper, following Lazears (2005) jack-of-all-trades approach, we study how his or her composition of skills affects a scientists intention of becoming an entrepreneur. Extending Lazear, we examine how the effect of balanced entrepreneurial skills is moderated by a balanced working time allocations and peer effects. Using unique data collected from 480 life sciences researchers, we provide the first evidence that scientists with more balanced skills are more likely to have higher entrepreneurial intentions, particularly when they are in contact with entrepreneurial peers. Furthermore, we find even higher entrepreneurial intentions when balanced skill sets are combined with balanced working time allocations. Thus, to encourage the entrepreneurial intentions of life scientists, one has to ensure that they are exposed to diverse work experiences, have balanced working time allocations across different activities and work with entrepreneurial peers; i.e., collaborating with colleagues or academic scientists who have started new ventures in the past is important.

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File URL: http://repec.business.uzh.ch/RePEc/zrh/wpaper/325_IBW_full.pdf
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Bibliographic Info

Paper provided by University of Zurich, Department of Business Administration (IBW) in its series Working Papers with number 325.

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Length: 32 pages
Date of creation: Dec 2012
Date of revision:
Handle: RePEc:zrh:wpaper:325

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Postal: Rämistrasse 71, CH - 8001 Zürich
Web page: http://www.business.uzh.ch
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Related research

Keywords: Jack-of-all-Trades; Skills; Entrepreneurial Intentions; Academic Entrepreneurship; Peer Effects; Working Time Balance;

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  1. Stuetzer, Michael & Obschonka, Martin & Schmitt-Rodermund, Eva, 2012. "Balanced skills among nascent entrepreneurs," MPRA Paper 37524, University Library of Munich, Germany.
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