Firms’ genetic characteristics and competence-enlarging strategies: A comparison between academic and non-academic high-tech start-ups

Colombo, Massimo G.; Piva, Evila

doi:10.1016/j.respol.2011.08.010

Cited by 151 publications

(132 citation statements)

References 59 publications

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“…As suggested by Colombo and Piva (2012) in an empirical analysis on an Italian sample, differences between NTBF and academic spin-off usually relate to performance, knowledge and funding gaps. Most importantly, the main difference relies on the characteristics of the founders.…”

Section: The Specific Case Of Usu: Evidence and Research Gapmentioning

confidence: 97%

“…Given that a USU can be considered as a subset of a particular type of companies, generally known as a new technology-based firms (NTBF) (Colombo and Piva 2012), we begin by surveying the related literature on the relationship between founders' human capital and firm survival in a NTBF context.…”

Section: Literature Review Of Founders' Human Capital and Firm Survivalmentioning

confidence: 99%

“…As mentioned above, USU can be considered as academic NTBF (Colombo and Piva 2012). The emergence and persistence of USU is central to R&D policies and innovation in SMEs, as well for policies trying to foster a link between academia and industry (Djokovic and Souitaris 2008).…”

Section: The Specific Case Of Usu: Evidence and Research Gapmentioning

confidence: 99%

“…Fini et al 2011) or academic start-ups (e.g. Colombo and Piva 2012). It may thus be an oversimplification to define as university spin-offs new companies in which both dimensions (i.e.…”

mentioning

confidence: 99%

“…USU are generally small companies with scarce initial resources, with the human capital of their founders as their main business asset (Shane and Stuart 2002;Shane 2004;Colombo and Piva 2012). Therefore, the survival of this type of firm is heavily dependent on the human capital characteristics of their founders.…”

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confidence: 99%

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“To have and have not”: founders’ human capital and university start-up survival

et al. 2013

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This is an accepted version of a paper published in Journal of Technology Transfer. This paper has been peer-reviewed but does not include the final publisher proof-corrections or journal pagination.Citation for the published paper: Criaco, G., Minola, T., Migliorini, P., Serarols-Tarrés, C. AbstractIn 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.

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Section: The Specific Case Of Usu: Evidence and Research Gapmentioning

confidence: 97%

Section: Literature Review Of Founders' Human Capital and Firm Survivalmentioning

confidence: 99%

Section: The Specific Case Of Usu: Evidence and Research Gapmentioning

confidence: 99%

“…Fini et al 2011) or academic start-ups (e.g. Colombo and Piva 2012). It may thus be an oversimplification to define as university spin-offs new companies in which both dimensions (i.e.…”

mentioning

confidence: 99%

mentioning

confidence: 99%

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“To have and have not”: founders’ human capital and university start-up survival

et al. 2013

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Technological Alliances and Innovative Performance in the Aerospace and Defense Industry

et al. 2015

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Do parent organizations influence R&D decisions of academic spin‐offs?

Zhao

Feng

2022

Manage Decis Econ

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Research on academic spin-offs (ASOs) usually focused on their economic performance, but there was a lack of discussion on the decision-making grounds of enterprise behaviors. This study analyzes the influence of parent organizations on R&D investment of ASOs through listed high-tech enterprises in China. It is found that ASOs controlled by the parent organizations have a higher R&D investment. With the organizational imprinting theory and signaling theory, we attempt to attribute the R&D tendency to the higher financing efficiency and government subsidies. The conclusions provide a new inspiration and explanation the inherent logic of ASOs' active participation in innovation activities.

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Firms’ genetic characteristics and competence-enlarging strategies: A comparison between academic and non-academic high-tech start-ups

Cited by 151 publications

References 59 publications

“To have and have not”: founders’ human capital and university start-up survival

“To have and have not”: founders’ human capital and university start-up survival

Technological Alliances and Innovative Performance in the Aerospace and Defense Industry

Do parent organizations influence R&D decisions of academic spin‐offs?

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