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University spinoffs and the 'performance premium'
Czarnitzki, Dirk; Rammer, Christian; Toole, Andrew A. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
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 …
Persistent link: https://www.econbiz.de/10010957596
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The interplay of human and social capital in entrepreneurship in developing countries: The case of Uganda
Rooks, Gerrit; Szirmai, Adam; Sserwanga, Arthur - 2009
, gestation activities and innovative performance. The paper focuses in particular on the interplay of human and social capital in … determining entrepreneurial performance. A prominent question in the literature is whether human capital and social capital act as …
Persistent link: https://www.econbiz.de/10010273510
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Business Owners, Employees and Firm Performance
Maliranta, Mika; Nurmi, Satu - 2016
owners and employees relate to firm performance as determined by labor productivity, survival and employment growth. Focusing … times of intensive excess job reallocation were found to exhibit superior productivity performance in the later phases of …
Persistent link: https://www.econbiz.de/10012037595
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University spinoffs and the 'performance premium'
Czarnitzki, Dirk; Rammer, Christian; Toole, Andrew A. - 2013
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 …
Persistent link: https://www.econbiz.de/10010311158
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University research alliances, absorptive capacity, and the contribution of startups to employment growths
Toole, Andrew A.; Czarnitzki, Dirk; Rammer, Christian - 2014
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
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The growth and human capital atructure of new firms over the business cycle
Brixy, Udo; Murmann, Martin - 2016
Recent research suggests that employment in young firms is more negatively impacted during economic downturns than employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We complement prior research that is mostly based on...
Persistent link: https://www.econbiz.de/10011576100
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The growth and human capital structure of new firms over the business cycle
Brixy, Udo; Murmann, Martin - 2016
Recent research suggests that employment in young firms is more negatively impacted during economic downturns than employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We complement prior research that is mostly based on...
Persistent link: https://www.econbiz.de/10011567399
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The interplay of human and social capital in shaping entrepreneurial performance : the case of Vietnam
Santarelli, Enrico; Hien Thu Tran - 2012
This study investigates the effects of human capital, social capital and their interaction on the performance of 1 … new-firm performance. …
Persistent link: https://www.econbiz.de/10011731226
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Employment growth in newly established firms : is there evidence for academic entrepreneur's human capital depreciation?
Müller, Kathrin - 2009
Human capital is known to be one of the most important predictors of a person's earnings. With regard to entrepreneurial success, founders' human capital is an important determinant of firm's employment growth as well. This paper investigates if the depreciation of a founder's academic knowledge...
Persistent link: https://www.econbiz.de/10003881345
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Employment Growth in Newly Established Firms - Is There Evidence for Academic Entrepreneur's Human Capital Depreciation?
Mueller, Kathrin - 2013
This paper contributes to the literature of academic entrepreneurship by investigating the effect of a possible depreciation of academic knowledge after leaving the university. The possibility of a person's human capital depreciation has up to now mainly been used to explain forgone earnings due...
Persistent link: https://www.econbiz.de/10014202261