1 Department of Innovation and Organizational Economics, Copenhagen Business School2 Universidade do Porto3 Universidade de Aveiro
Unconditionally, pushed spin-offs are found to survive longer than their pulled counterparts. Using matched employer-employee data and novel multivariate decomposition techniques, we show that pushed spin-offs’ relative survival advantage is mostly explained by their larger human capital endowments at entry.
Economics Letters, 2015, Vol 126, p. 127-130
Spin-offs; Entrepreneurship; Firm survival; Labor mobility; Human capital