Founder's human capital, external investment, and the survival of new high-technology ventures

Gimmon, Eli and Levie, Jonathan (2010) Founder's human capital, external investment, and the survival of new high-technology ventures. Research Policy, 39 (9). pp. 1214-1226. ISSN 0048-7333 (https://doi.org/10.1016/j.respol.2010.05.017)

Microsoft Word. Filename: Founder's_Human_Capital.docx Accepted Author Manuscript Download (123kB)

Abstract

The effect of founder characteristics in attracting external investment and enhancing survival of new high-technology ventures is explored using human capital theory and signalling theory. We test the effect of founder characteristics on external investment in and survival of new high-technology ventures by tracking a random sample of 193 high-technology start-ups, all participants in the Israeli Technology Incubator Program. Founder's business management expertise and academic status attracted external investment, but founder's general technological expertise did not. Founder's business management expertise and general technological expertise positively affected venture survival, but founder's academic status did not. Possible implications for entrepreneurs, investors, policy and further research are discussed.

• Share and Export
  

  RDF+XMLBibTeXRIOXX2 XMLRDF+N-TriplesJSONDublin CoreAtomSimple MetadataReferMETSHTML CitationASCII CitationOpenURL ContextObjectEndNoteOpenURL ContextObject in SpanMODSMPEG-21 DIDLEP3 XMLData Cite XMLRIS (EndNote Online, Zotero, Ref manager, etc)RDF+N3Multiline CSV
• Item metadata

  Item type:	Article
  ID code:	28034
  Dates:	Date Event November 2010 Published
  Subjects:	Social Sciences > Commerce
  Department:	Strathclyde Business School > Hunter Centre For Entrepreneurship
  Depositing user:	Miss Carol Ann Balloch
  Date deposited:	13 Oct 2010 09:00
  Last modified:	17 Apr 2024 22:30
  URI:	https://strathprints.strath.ac.uk/id/eprint/28034