Entry, Spin-offs and the survival of new ventures: Evidence from the Swiss ICT industry

Davide Sangiuliano

Student thesis: Master thesis


Relying on a dataset of 259 start-ups established between 2000 and 2013 in the Swiss ICT industry, this thesis aims to examine and compare the survival performance of start-ups controlling for the pre-entry experience of the founders. Results suggest that spin-offs, in particular demand spin-offs, and university start-ups survive longer than inexperienced firms. In addition, consistent with previous literature, we found that teams composed by multiple founders tend to perform better than single founder start-ups. Moreover, our findings suggest that start-ups with founders belonging to different backgrounds are more likely to file patents than all other types of entrants. Interesting insights concerning venture capital funding and founders educational background are also presented.

EducationsMSc in Management of Innovation and Business Development, (Graduate Programme) Final Thesis
Publication date2014
Number of pages78