Human Capital and Successful Academic Spin-Off

Müller, Bettina

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URL:	http://ub-madoc.bib.uni-mannheim.de/1464
URN:	urn:nbn:de:bsz:180-madoc-14640
Dokumenttyp:	Arbeitspapier
Erscheinungsjahr:	2006
Titel einer Zeitschrift oder einer Reihe:	None
Sprache der Veröffentlichung:	Englisch
Einrichtung:	Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC-Schriftenreihe:	Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Fachgebiet:	330 Wirtschaft
Fachklassifikation:	JEL: M13 L25 C12 ,
Normierte Schlagwörter (SWD):	Beschäftigungsfähigkeit , Humankapital , Spin-off-Unternehmensgründung , Hochschulbildung
Freie Schlagwörter (Englisch):	Higher Education , Human Capital , Entrepreneurship , Spin-off
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.