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- W2761037246 abstract "By combining insights from the widespread research on entrepreneurial spin-offs and from the emerging literature on hiring choices in start-ups, we investigate the role of co-worker mobility in pushed and pulled spin-off survival. Using rich register data and a multi-stage model addressing self-selection and endogeneity issues, we cover 28,353 spin-offs launched between 1992 and 2007. We find that spin-offs hiring co-workers from the parent firm survive longer. This survival bonus is greater in pushed-driven start-ups. We investigate two different mechanisms through which co-worker mobility may improve spin-off survival – knowledge transfer and reduced searching costs. While both mechanisms play a role in explaining the survival bonus in pulled spin-offs, co-worker mobility seems to help pushed spin-offs to survive mostly by reducing initial recruitment costs. This work provides novel insights on the role of context surrounding new venture creation and inter-firm labour mobility." @default.
- W2761037246 created "2017-10-20" @default.
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- W2761037246 date "2017-11-17" @default.
- W2761037246 modified "2023-09-22" @default.
- W2761037246 title "Leaving Employment to Entrepreneurship: The Value of Co-worker Mobility in Pushed and Pulled-Driven Start-ups" @default.
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- W2761037246 doi "https://doi.org/10.1111/joms.12318" @default.
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