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“To have and have n...
“To have and have not”: founders’ human capital and university start-up survival
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- Criaco, Giuseppe (author)
- Jönköping University,IHH, ESOL (Entrepreneurship, Strategy, Organization, Leadership),IHH, Centre for Family Entrepreneurship and Ownership (CeFEO)
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- Minola, Tomaso (author)
- Department of Business Economics, Autonomous University of Barcelona (UAB), Cerdanyola del Vallés, Barcelona, Spain
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- Migliorini, Pablo (author)
- Department of Business Economics, Autonomous University of Barcelona (UAB), Cerdanyola del Vallés, Barcelona, Spain
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- Serarols-Tarrés, Christian (author)
- Department of Business Economics, Autonomous University of Barcelona (UAB), Cerdanyola del Vallés, Barcelona, Spain
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(creator_code:org_t)
- 2013-06-07
- 2014
- English.
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In: Journal of Technology Transfer. - : Springer. - 0892-9912 .- 1573-7047. ; 39:4, s. 567-593
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Abstract
Subject headings
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- In order to preserve innovation, knowledge development and diffusion, as well as the transfer of new technologies, the emergence of University Start-Ups (USU) and their survival as a particular dimension of performance represents a relevant research topic. As USU generally have scarce initial resources, the human capital of their founders is one of their main business assets. Although the survival of such firms is supposed to be heavily dependent on the human capital characteristics of their founders, this has not received enough attention in existing research. In this paper we investigate the contribution of founders’ specific human capital characteristics to the survival of USU, building on Gimeno et al. (Adm Sci Q 42:750–783, 1997) threshold model of entrepreneurial exit. We divide USU founders’ specific human capital into three components (entrepreneurship, industry and university) in order to better understand its impact on firm survival. Our theoretical model is empirically tested on a unique sample of Catalan USU through a logistic regression analysis. Coherently with our theoretical reasoning, the results show that industry human capital negatively affect USU survival, while university human capital and entrepreneurship human capital enhance the likelihood of USU survival.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Business Administration (hsv//eng)
Keyword
- Human capital Survival
- University start-up
- University spin-off
- Academic entrepreneurship
- Threshold
Publication and Content Type
- ref (subject category)
- art (subject category)
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