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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/10009784002
matter for the generation of market novelties by new ventures. Using data about German start-ups, we find that there are no … between technically trained founders and employees who have business skills. This suggests that the innovation potential of … start-ups by technically trained founders is best explored by hiring employees who are trained in business. However, a …
Persistent link: https://www.econbiz.de/10011558130
comprising more than 20,000 observations, we analyze the impact of this program on the subjective survival probability. In …
Persistent link: https://www.econbiz.de/10013412966
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found to be of crucial importance for both ordinary academic start-ups and academic spin-offs, the founders of the latter …
Persistent link: https://www.econbiz.de/10003881345
This paper analyzes empirically the determinants of new born firms' initial size. As survival prospects of young firms … distinguish between different types of entry strategies. On the one hand, we look at entry strategies based on innovation. We … measure innovation by a variable which indicates if a firm carries out continuous R&D. On the other hand, entry is classified …
Persistent link: https://www.econbiz.de/10003846123
survival. Drawing on entrepreneurial learning theories, we use panel data on 8,400 new ventures to investigate the impact of … a mix of success (portfolio/serial) and failure (prior bankruptcy/dissolution) on venture survival outcomes. We find … experiences, are more likely to experience bankruptcy. We find that portfolio and serial experience is unrelated to survival or …
Persistent link: https://www.econbiz.de/10010234047
linked employer-employee data on German start-ups we show that under constant human capital of the firms' founders …, employment growth in less than 11=2-year-old start-ups reacts countercyclically and employment growth in older start-ups reacts … procyclically. The young start-ups realize their countercyclical growth by hiring qualified labor market entrants who might be …
Persistent link: https://www.econbiz.de/10011567399