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In this paper I analyse how individuals match for for the purpose of setting up a new firm. As a theoretical basis I use the O-ring theory introduced by Kremer (1993) and applied to new firms by Fabel (2004). The O-ring theory predicts that individuals segregate between firms according to their...
Persistent link: https://www.econbiz.de/10005097521
In this paper, I analyse how the survival of new firms is affected by the average ability level in the founding team, the team size, team members' homogeneity with respect to ability, and team members' heterogeneity with respect to education. As a theoretical basis, I apply the O-ring theory...
Persistent link: https://www.econbiz.de/10005027062
entrepreneurship research. To assess relative workforce heterogeneity, we construct a simulated benchmark to which we compare observed …
Persistent link: https://www.econbiz.de/10010985639
For academic spin-offs I analyze the length of time between the founder's leaving of academia and the establishment of his firm. Technology transfer can take place even years after leaving the mother institution. A duration analysis reveals that a longer time-lag is caused by the necessity of...
Persistent link: https://www.econbiz.de/10005098330
social costs of entrepreneurship are likely to be higher for academic entrepreneurs and empirically investigates the …
Persistent link: https://www.econbiz.de/10010957596
entry strategies. The four main groups of entry strategies are independency entrepreneurship, opportunity entrepreneurship …, spin-out entrepreneurship and necessity entrepreneurship. The results indicate that firms conducting R&D continuously start … new market opportunities as well as spin-out entrepreneurship exhibit a higher initial size while start-ups established …
Persistent link: https://www.econbiz.de/10005098079
This paper examines how university research alliances and other cooperative links with universities contribute to startup employment growth. We argue that 'scientific absorptive capacity' at the startup is critical for reaping the benefits from university research alliances, but not necessarily...
Persistent link: https://www.econbiz.de/10011071765
member states, different institutional infrastructures for entrepreneurship. Based on a harmonized dataset, our results …
Persistent link: https://www.econbiz.de/10008533679
Does 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...
Persistent link: https://www.econbiz.de/10008474661
Academic 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...
Persistent link: https://www.econbiz.de/10005097737