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

Vera Rocha; Anabela Carneiro; Celeste Varum

doi:10.1016/j.econlet.2014.11.029

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

Vera Rocha, Anabela Carneiro, Celeste Varum

Research output: Contribution to journal › Journal article › Research › peer-review

Abstract

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.

Original language	English
Journal	Economics Letters
Volume	126
Pages (from-to)	127-130
Number of pages	4
ISSN	0165-1765
DOIs	https://doi.org/10.1016/j.econlet.2014.11.029
Publication status	Published - Jan 2015

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@article{cda47ea35c404458bfc1de1ad83deb49,

title = "What Explains the Survival Gap of Pushed and Pulled Corporate Spin-offs?",

abstract = "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{\textquoteright} relative survival advantage is mostly explained by their larger human capital endowments at entry.",

keywords = "Spin-offs, Entrepreneurship, Firm survival, Labor mobility, Human capital",

author = "Vera Rocha and Anabela Carneiro and Celeste Varum",

year = "2015",

month = jan,

doi = "10.1016/j.econlet.2014.11.029",

language = "English",

volume = "126",

pages = "127--130",

journal = "Economics Letters",