Public research and innovative entrepreneurship: Preliminary cross-country evidence from micro data
This paper provides a first assessment of the degree to which public research contributes to innovative entrepreneurship, using data on start-ups and venture capital (VC). It looks at academic start-ups founded by recent undergraduates and doctorate students or researchers. It shows that academic st...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2019
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Schriftenreihe: | OECD Science, Technology and Industry Policy Papers
no.64 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | This paper provides a first assessment of the degree to which public research contributes to innovative entrepreneurship, using data on start-ups and venture capital (VC). It looks at academic start-ups founded by recent undergraduates and doctorate students or researchers. It shows that academic start-ups represent 15% of all start-ups in the specific sample under scrutiny. Their share is higher in science-based technological fields such as biotechnology (23%). Across the majority of countries and technology fields, start-ups created by undergraduate students represent the highest share of all academic start-ups. As to their performance, start-ups founded by researchers are more likely to patent and those founded by students introduce innovations that are more radical compared to other start-ups. While start-ups founded by undergraduate students receive less VC funding and are less likely to exit via IPO or acquisition, those created by researchers are as successful as their non-academic counterparts. |
Beschreibung: | 1 Online-Ressource (53 p.) |
DOI: | 10.1787/0d057da7-en |
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author | Breschi, Stefano |
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spelling | Breschi, Stefano VerfasserIn aut Public research and innovative entrepreneurship Preliminary cross-country evidence from micro data Stefano, Breschi ... [et al] Paris OECD Publishing 2019 1 Online-Ressource (53 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Science, Technology and Industry Policy Papers no.64 This paper provides a first assessment of the degree to which public research contributes to innovative entrepreneurship, using data on start-ups and venture capital (VC). It looks at academic start-ups founded by recent undergraduates and doctorate students or researchers. It shows that academic start-ups represent 15% of all start-ups in the specific sample under scrutiny. Their share is higher in science-based technological fields such as biotechnology (23%). Across the majority of countries and technology fields, start-ups created by undergraduate students represent the highest share of all academic start-ups. As to their performance, start-ups founded by researchers are more likely to patent and those founded by students introduce innovations that are more radical compared to other start-ups. While start-ups founded by undergraduate students receive less VC funding and are less likely to exit via IPO or acquisition, those created by researchers are as successful as their non-academic counterparts. Science and Technology Lassébie, Julie MitwirkendeR ctb Lembcke, Alexander C... MitwirkendeR ctb Menon, Carlo MitwirkendeR ctb Paunov, Caroline MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/0d057da7-en Volltext |
spellingShingle | Breschi, Stefano Public research and innovative entrepreneurship Preliminary cross-country evidence from micro data Science and Technology |
title | Public research and innovative entrepreneurship Preliminary cross-country evidence from micro data |
title_auth | Public research and innovative entrepreneurship Preliminary cross-country evidence from micro data |
title_exact_search | Public research and innovative entrepreneurship Preliminary cross-country evidence from micro data |
title_full | Public research and innovative entrepreneurship Preliminary cross-country evidence from micro data Stefano, Breschi ... [et al] |
title_fullStr | Public research and innovative entrepreneurship Preliminary cross-country evidence from micro data Stefano, Breschi ... [et al] |
title_full_unstemmed | Public research and innovative entrepreneurship Preliminary cross-country evidence from micro data Stefano, Breschi ... [et al] |
title_short | Public research and innovative entrepreneurship |
title_sort | public research and innovative entrepreneurship preliminary cross country evidence from micro data |
title_sub | Preliminary cross-country evidence from micro data |
topic | Science and Technology |
topic_facet | Science and Technology |
url | https://doi.org/10.1787/0d057da7-en |
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