When teams of employees spin-off partnerships: matching-technology, information structure, and the “pure” incubator effect

Fabel, Oliver; Hopp, Christian; Weber, Thomas (2013). When teams of employees spin-off partnerships: matching-technology, information structure, and the “pure” incubator effect Journal of Business Economics, 83(4), pp. 383-407. Springer 10.1007/s11573-013-0655-7

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The successful foundation of entrepreneurial firms comprises a multitude of complementary human tasks. The effect of founders’ human capital on firm success hinges on the information structure that prevails when nascent entrepreneurs are matched in partnerships. Empirically, we assume that rational matching occurs in incubated spin-offs and corporate-sponsored ventures. The human capital structure in such firms significantly differs from that of Greenfield projects. Using coarsened exact matching (CEM), we compute weights to level out these differences in human capital endowments. The impact of corporate support in founding the new firm is positive and increases as CEM-weights are applied to more of our human capital variables.

Item Type:	Journal Article (Original Article)
Division/Institute:	Business School > Business Foundations and Methods
Name:	Fabel, Oliver; Hopp, Christian0000-0002-4095-092X and Weber, Thomas
ISSN:	0044-2372
Publisher:	Springer
Language:	English
Submitter:	Christian Hopp
Date Deposited:	12 Oct 2020 14:19
Last Modified:	17 Oct 2021 02:18
Publisher DOI:	10.1007/s11573-013-0655-7
ARBOR DOI:	10.24451/arbor.12002
URI:	https://arbor.bfh.ch/id/eprint/12002