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We investigate the workforce heterogeneity of startups with respect to education, age and wages. Our explorative study … holds both for non-knowledge-based and, to a lesser extent, knowledge-based startups. This seems surprising since a vast …). We also document that workforces become more heterogeneous over time - startups add workers with skills different from …
Persistent link: https://www.econbiz.de/10010985639
This paper explores how different reasons for business closure impact the probability that financial loss will be suffered by creditors. Using German small business data, the study finds that business closure due to financial problems is strongly correlated with a likelihood of financial loss....
Persistent link: https://www.econbiz.de/10008494185
The analysis in this paper gives attention to effects on firm survival which come from entrepreneurial experience. It is likely that different kinds of experience result in different firm developments and therefore in different types of firm exit. Particular emphasis is placed upon the effects...
Persistent link: https://www.econbiz.de/10005098087
Many entrepreneurs who close a business are actually willing to venture anew. However, to realize a restart is not only a matter of willingness on the part of the entrepreneur but also of its feasibility. Regarding the feasibility of a restart, the aspect of capital acquisition might be...
Persistent link: https://www.econbiz.de/10005098239
The analysis in this paper gives attention to effects on firm survival which come from entrepreneurial experience. It is likely that different kinds of experience result in different firm developments and therefore in different types of firm exit. Particular emphasis is placed upon the effects...
Persistent link: https://www.econbiz.de/10005098247
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
typically treat these 'university' spinoffs like industry startups. However, when university spinoffs involve an employment … larger stream of social benefits than industry startups, a performance premium. This paper outlines the arguments why the … performance premium of 3.4 percentage points higher employment growth over industry startups. The analysis also shows that the …
Persistent link: https://www.econbiz.de/10010957596
The performance of young and newly founded firms depends largely to the human capital of the firm owner. The entrepreneur is therefore one of the main success factors for the firm. Yet entrepreneurs differ considerably in their background and characteristics. Particularly, founders? individual...
Persistent link: https://www.econbiz.de/10005098153
The aim of this paper is to analyze the effect of entrepreneurial experience on firm growth. According to the human capital theory, individuals who have higher ?human capital? are more successful than others. Entrepreneurial experience is a kind of human capital and, therefore, should affect...
Persistent link: https://www.econbiz.de/10005098295
Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form corporate ventures. Based on a sample of corporate and independent ventures in German manufacturing, we show that corporate ventures are more innovative than the control group, i.e. the...
Persistent link: https://www.econbiz.de/10008676483