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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...
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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/10010427003
larger stream of social benefits than industry startups, a performance premium. This paper outlines the arguments why the … existence of a performance premium using a sample of German startup companies. We find that university spinoffs exhibit a … performance premium of 3.4 percentage points higher employment growth over industry startups. The analysis also shows that the …
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