Sustainable university entrepreneurship: Revisiting firm growth patterns

Previous research on the firm growth of the university spin‐offs (USOs) and its drivers yields inconclusive results. Recently, the literature on the high‐growth firms (HGFs) has relied on regression quantile methods to study how the effects of growth determinants may differ along the firm growth dis...

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Veröffentlicht in:Business strategy and the environment 2022-05, Vol.31 (4), p.1334-1346
Hauptverfasser: Fernández‐López, Sara, Rodeiro‐Pazos, David, Rodríguez‐Gulías, María Jesús, Nogueira‐Moreiras, Manuel Anxo
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container_end_page 1346
container_issue 4
container_start_page 1334
container_title Business strategy and the environment
container_volume 31
creator Fernández‐López, Sara
Rodeiro‐Pazos, David
Rodríguez‐Gulías, María Jesús
Nogueira‐Moreiras, Manuel Anxo
description Previous research on the firm growth of the university spin‐offs (USOs) and its drivers yields inconclusive results. Recently, the literature on the high‐growth firms (HGFs) has relied on regression quantile methods to study how the effects of growth determinants may differ along the firm growth distribution. This study builds a bridge between the two strands of literature by exploring how firm‐specific characteristics may shape sales and employment growth patterns of USOs. To this end, it applies panel data quantile regression models in a sample of 531 Spanish USOs over the period of 2001–2013. The results show that the growth drivers not only differ between employment growth and sales growth but also along the growth distributions.
doi_str_mv 10.1002/bse.2957
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source Wiley Online Library Journals Frontfile Complete
subjects Employment
Entrepreneurship
firm growth
Growth patterns
Longitudinal studies
Panel data
quantile methods
Regression analysis
Regression models
Sales
sustainable entrepreneurship
university spin‐offs
title Sustainable university entrepreneurship: Revisiting firm growth patterns
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