1 Is Success Hereditary? Evidence on the Performance of Spawned Ventures
| Title: | 1 Is Success Hereditary? Evidence on the Performance of Spawned Ventures |
|---|---|
| Authors: | Johannes M. H. Dick A; Katrin Hussinger A; Boris Blumberg A; John Hagedoorn A; Jel-classification L |
| Contributors: | The Pennsylvania State University CiteSeerX Archives |
| Source: | http://www.law.northwestern.edu/research-faculty/searlecenter/workingpapers/documents/Hussinger.pdf. |
| Publication Year: | 2011 |
| Collection: | CiteSeerX |
| Subject Terms: | entrepreneurship; entrepreneurial spawning; start-ups; firm performance |
| Description: | A common phenomenon in entrepreneurship is that employees turn away from employment to found their own businesses. Prior literature discusses the former employers’ characteristics that influence the creation of entrepreneurial ventures. An investigation of whether these characteristics also affect the success of the spawned ventures is missing so far. This paper contributes to the literature by showing that entrepreneurial ventures spawned by well performing firms are financially more successful than ventures stemming from bad performing firms. This suggests that spawned entrepreneurs are able to exploit valuable knowledge from their previous employers which impacts their ventures ’ performance positively. The analysis is based on a linked employee-employer dataset for the Netherlands for the period 1999-2004. |
| Document Type: | text |
| File Description: | application/pdf |
| Language: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.570.1793 |
| Availability: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.570.1793; http://www.law.northwestern.edu/research-faculty/searlecenter/workingpapers/documents/Hussinger.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| Accession Number: | edsbas.D73B431F |
| Database: | BASE |