Academic spin-off’s transfer speed—Analyzing the time from leaving university to venture |
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Authors: | Kathrin Mü ller |
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Affiliation: | Centre for European Economic Research (ZEW), Department of Industrial Economics and International Management, P.O. Box 103443, 68034 Mannheim, Germany |
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Abstract: | For academic spin-offs I analyze the length of the time period between the founder’s leaving of academia and the establishment of her firm. A duration analysis reveals that a longer time-lag is caused by the necessity of assembling complementary skills, either by acquisition by a single founder or by searching for suitable team members. Furthermore, new ventures are established faster if there has been high-level technology transfer, if the founders have access to university infrastructure, or if they receive informal support by former colleagues. |
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Keywords: | C41 J24 L26 M13 |
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