Start-ups among university employees: The influence of legitimacy, human capital and social capital

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Start-ups among university employees: The influence of legitimacy, human capital and social capital

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Publication Article, peer reviewed scientific
Title Start-ups among university employees: The influence of legitimacy, human capital and social capital
Author(s) Karlsson, Tomas ; Wigren, Caroline
Date 2012
English abstract
Using a sample of 7,260 university employees, we investigate how legitimacy, social and human capital influence the employees’ start-up propensity. We find that scientific legitimacy, as measured by the number of recently published peer reviewed scientific articles, and conference papers accepted had no significant effect. Scientific legitimacy measured as publications in non-peer review journals even had a negative effect. Popular legitimacy showed mixed results. Measured as number of articles in popular science publications showed positive correlations and other public media appearances had a non significant effect on start-up propensity. Individuals who are older and have higher level of human capital, measured as level of education are less likely to start firms. We also found that, people with more social capital, such as contact with external product development teams are more likely to start new firms. Taken together, the findings suggest that activities spanning the university-business divide increase the start-up propensity, while within university activities had no, or negative effects on the propensity. Consequently, universities interested in encouraging their employees to start firms should focus their attention on creating spanning activities rather than improving conditions for within university tenure.
DOI http://dx.doi.org/10.1007/s10961-010-9175-6 (link to publisher's fulltext)
Publisher Springer
Host/Issue The Journal of Technology Transfer;3
Volume 37
ISSN 0892-9912
Pages 297-312
Language eng (iso)
Subject(s) Academic entrepreneurship
Institutional theory
Start-ups
Quantitative
Humanities/Social Sciences
Research Subject Categories::SOCIAL SCIENCES
Handle http://hdl.handle.net/2043/11767 (link to this page)

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