What Explains the Survival Gap of Pushed and Pulled Corporate Spin-offs?

Vera Rocha, Anabela Carneiro, Celeste Varum

    Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

    Abstrakt

    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.
    OriginalsprogEngelsk
    TidsskriftEconomics Letters
    Vol/bind126
    Sider (fra-til)127-130
    Antal sider4
    ISSN0165-1765
    DOI
    StatusUdgivet - jan. 2015

    Emneord

    • Spin-offs
    • Entrepreneurship
    • Firm survival
    • Labor mobility
    • Human capital

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