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To name your venture after Oxbridge or not, that is the question!

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  • Thomas Hellmann
  • Junida Mulla
  • Matthias Qian

Abstract

This paper examines the significance of including a company's location of origin in its name, a practice known as using an eponymous location name. Our theory demonstrates that signalling an origin from a prestigious location is an appealing strategy for relatively weaker companies, whereas stronger companies tend to avoid it. We empirically test this theory on a sample of UK university spin‐outs from 2010 to 2021. Eponymous location names are particularly prevalent among spin‐outs from Oxbridge (i.e., Oxford and Cambridge). As predicted by our theory, eponymous location names are negatively related to measures of fundraising success after controlling for spin‐out origin. Nommer son entreprise d'après Oxbridge ou non, telle est la question! Cet article examine l'importance d'inclure le lieu d'origine d'une entreprise dans son nom, une pratique aussi désignée par nom géographique éponyme. Notre modèle théorique montre que le fait d'indiquer une origine géographique prestigieuse constitue une stratégie attrayante pour les entreprises relativement faibles, tandis que les entreprises solides tendent à l'éviter. Nous testons empiriquement cette théorie à partir d'un échantillon de jeunes pousses issues d'universités britanniques entre 2010 et 2021. Les noms évoquant le lieu d'origine sont particulièrement fréquents chez les entreprises dérivées des universités d'Oxford et de Cambridge. Comme le prédit notre théorie, les noms géographiques éponymes sont associés négativement aux indicateurs de succès en matière de financement, une fois l'université d'origine prise en compte.

Suggested Citation

  • Thomas Hellmann & Junida Mulla & Matthias Qian, 2026. "To name your venture after Oxbridge or not, that is the question!," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 59(2), pages 510-537, May.
  • Handle: RePEc:wly:canjec:v:59:y:2026:i:2:p:510-537
    DOI: 10.1111/caje.70059
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