|
EconStor >
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim >
ZEW Discussion Papers >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/28111
|
| | |
| Title: | | Employment growth in newly established firms: is there evidence for academic entrepreneur's human capital depreciation?  |
| Authors: | | Müller, Kathrin |
| Issue Date: | | 2009 |
| Series/Report no.: | | ZEW Discussion Papers 09-050 |
| Abstract: | | Human capital is known to be one of the most important predictors of a person's earnings. With regard to entrepreneurial success, founders' human capital is an important determinant of firm's employment growth as well. This paper investigates if the depreciation of a founder's academic knowledge affects a start-up's employment growth. The depreciation of academic knowledge is investigated by quantifying the effect of the time period which elapses after the founder has left university until the start-up is founded on firm's employment growth. Using quantile regressions, human capital depreciation is found to be of crucial importance for both ordinary academic start-ups and academic spin-offs, the founders of the latter suffering even more from human capital depreciation. |
| Subjects: | | Human capital depreciation employment growth academic entrepreneurship |
| JEL: | | J23 J24 L25 L26 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/28111
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|