Skilled unemployment and the creation of academic spin-offs: a recession-push hypothesis

  • Push factors associated with necessity entrepreneurship are largely neglected in the academic entrepreneurship literature. We link research on technology transfer to the literature on opportunity and necessity entrepreneurship, showing that the rate of academic spin-off creation is positively associated with the skilled unemployment rate. This longitudinal study of 559 spin-offs launched between 1999 and 2013, which controlled for several university- and context-level factors, showed that a higher level of unemployment reduced the probability of academic spin-off creation up to a threshold, beyond which the effect was reversed. By contrast, the relative skilled unemployment level was related positively to the probability of academic spin-off, particularly high-tech spin-off, creation. The relationship between the level of skilled unemployment and the creation of high-tech spin-offs was moderated positively by university research orientation and regional research and human capitalPush factors associated with necessity entrepreneurship are largely neglected in the academic entrepreneurship literature. We link research on technology transfer to the literature on opportunity and necessity entrepreneurship, showing that the rate of academic spin-off creation is positively associated with the skilled unemployment rate. This longitudinal study of 559 spin-offs launched between 1999 and 2013, which controlled for several university- and context-level factors, showed that a higher level of unemployment reduced the probability of academic spin-off creation up to a threshold, beyond which the effect was reversed. By contrast, the relative skilled unemployment level was related positively to the probability of academic spin-off, particularly high-tech spin-off, creation. The relationship between the level of skilled unemployment and the creation of high-tech spin-offs was moderated positively by university research orientation and regional research and human capital intensity.show moreshow less

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Metadaten
Author:Hugo Horta, Michele MeoliORCiD, Silvio Vismara
Frontdoor URLhttps://opus.bibliothek.uni-augsburg.de/opus4/117501
ISSN:0892-9912OPAC
ISSN:1573-7047OPAC
Parent Title (English):The Journal of Technology Transfer
Publisher:Springer Science and Business Media LLC
Type:Article
Language:English
Year of first Publication:2016
Release Date:2024/12/12
Volume:41
Issue:4
First Page:798
Last Page:817
DOI:https://doi.org/10.1007/s10961-015-9405-z
Institutes:Wirtschaftswissenschaftliche Fakultät
Wirtschaftswissenschaftliche Fakultät / Institut für Betriebswirtschaftslehre
Nachhaltigkeitsziele
Nachhaltigkeitsziele / Ziel 8 - Menschenwürdige Arbeit und Wirtschaftswachstum
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft