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Human capital and successful academic spin-off

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  • Müller, Bettina

Abstract

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 the composition of human capital which is described according to whether or not the founders have studied several subjects and whether or not they all come from the same research establishment. Additionally the impact of having founded as a team is analyzed. Success is measured by employment growth. The findings suggest that it is advantageous to found within a team, but that the human capital composition both for single entrepreneurs and team foundations is rather irrelevant.

Suggested Citation

  • Müller, Bettina, 2006. "Human capital and successful academic spin-off," ZEW Discussion Papers 06-081, ZEW - Leibniz Centre for European Economic Research.
    • Handle: RePEc:zbw:zewdip:5474
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    References listed on IDEAS

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    Cited by:

    1. Juan Pablo Diánez-González & Carmen Camelo-Ordaz, 2016. "How management team composition affects academic spin-offs’ entrepreneurial orientation: the mediating role of conflict," The Journal of Technology Transfer, Springer, vol. 41(3), pages 530-557, June.
    2. Berbegal-Mirabent, Jasmina & Ribeiro-Soriano, Domingo Enrique & Sánchez García, José Luis, 2015. "Can a magic recipe foster university spin-off creation?," Journal of Business Research, Elsevier, vol. 68(11), pages 2272-2278.
    3. Mauro Sciarelli & Giovanni Catello Landi & Lorenzo Turriziani & Mario Tani, 2021. "Academic entrepreneurship: founding and governance determinants in university spin-off ventures," The Journal of Technology Transfer, Springer, vol. 46(4), pages 1083-1107, August.
    4. Stefania Migliori & Daniel Pittino & Augusta Consorti & Lorenzo Lucianetti, 2019. "The relationship between Entrepreneurial Orientation, Market Orientation and Performance in University Spin-Offs," International Entrepreneurship and Management Journal, Springer, vol. 15(3), pages 793-814, September.
    5. Nora Hesse, 2013. "Longer is not necessarily better - University Career Level and Job Creation of Academic Entrepreneurs in Germany," ERSA conference papers ersa13p960, European Regional Science Association.
    6. Müller, Kathrin, 2008. "University Spin-Off's Transfer Speed: Analyzing the Time from Leaving University to Venture," ZEW Discussion Papers 08-034, ZEW - Leibniz Centre for European Economic Research.
    7. Müller, Kathrin, 2010. "Academic spin-off's transfer speed--Analyzing the time from leaving university to venture," Research Policy, Elsevier, vol. 39(2), pages 189-199, March.

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    More about this item

    Keywords

    Higher Education; Human Capital; Entrepreneurship; Spin-off;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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