Arbeitspapier
Exploring the relationship between scientist human capital and firm performance: The case of biomedical academic entrepreneurs in the SBIR program
Do academic scientists bring valuable human capital to the companies they found or join? If so, what are the particular skills that compose their human capital and how are these skills related to firm performance? This paper examines these questions using a particular group of academic entrepreneurs – biomedical research scientists who choose to commercialize their knowledge through the U.S. Small Business Innovation Research Program. Our conceptual framework assumes the nature of an academic entrepreneurs? prior research reflects the development of their human capital. We highlight differences in firm performance that correlate with differences in the scientists? research orientations developed during their academic careers. We find that biomedical academic entrepreneurs with human capital oriented toward exploring scientific opportunities significantly improve their firms? performance of research tasks such as ?proof of concept? studies. Biomedical academic entrepreneurs with human capital oriented toward exploring commercial opportunities significantly improve their firms? performance of invention oriented tasks such as patenting. Consistent with prior evidence, there also appears to be a form of diminishing returns to scientifically oriented human capital in a commercialization environment. Holding the commercial orientation of the scientists? human capital constant, we find that increasing their human capital for identifying and exploring scientific opportunities significantly detracts from their firms? patenting performance.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 07-011
- Klassifikation
-
Wirtschaft
Management of Technological Innovation and R&D
Firm Behavior: Theory
Human Capital; Skills; Occupational Choice; Labor Productivity
Chemicals; Rubber; Drugs; Biotechnology; Plastics
- Thema
-
Academic Entrepreneurship
SBIR Program
Human Capital
Biotechnology
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Czarnitzki, Dirk
Toole, Andrew A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Czarnitzki, Dirk
- Toole, Andrew A.
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2007
Ähnliche Objekte (12)
Biomedical Academic Entrepreneurship Through the SBIR Program
The virtue of industry-science collaborations
Life Scientist Mobility from Academe to Industry: Does Academic Entrepreneurship Induce a Costly ?Brain Drain? on the Not-for-Profit Research Sector?
Extent and Evolution of the Productivity Gap in Eastern Germany
Estimating the Local Average Treatment Effect of R&D Subsidies in a Virtual Common Pot
Research and development: financial constraints and the role of public funding for small and medium-sized enterprises
Die Auswirkungen der Forschungs- und Technologiepolitik auf die Innovationsaktivitäten ostdeutscher Unternehmen
Capital control, debt financing and innovative activity
Die Auswirkung der Forschungs- und Technologiepolitik auf die Innovationsaktivitäten ostdeutscher Unternehmen
Is there a trade-off between academic research and faculty entrepreneurship? Evidence from U.S. NIH supported biomedical researchers
An empirical test of the asymmetric models on innovative activity: who invests more into R&D - the incumbent or the challenger?
Do direct R&D subsidies lead to the monopolization of R&D in the economy?
Biomedical Academic Entrepreneurship Through the SBIR Program
The virtue of industry-science collaborations
Life Scientist Mobility from Academe to Industry: Does Academic Entrepreneurship Induce a Costly ?Brain Drain? on the Not-for-Profit Research Sector?
Extent and Evolution of the Productivity Gap in Eastern Germany
Estimating the Local Average Treatment Effect of R&D Subsidies in a Virtual Common Pot
Research and development: financial constraints and the role of public funding for small and medium-sized enterprises
Die Auswirkungen der Forschungs- und Technologiepolitik auf die Innovationsaktivitäten ostdeutscher Unternehmen
Capital control, debt financing and innovative activity
Die Auswirkung der Forschungs- und Technologiepolitik auf die Innovationsaktivitäten ostdeutscher Unternehmen
Is there a trade-off between academic research and faculty entrepreneurship? Evidence from U.S. NIH supported biomedical researchers
An empirical test of the asymmetric models on innovative activity: who invests more into R&D - the incumbent or the challenger?
Do direct R&D subsidies lead to the monopolization of R&D in the economy?
Biomedical Academic Entrepreneurship Through the SBIR Program
The virtue of industry-science collaborations
Life Scientist Mobility from Academe to Industry: Does Academic Entrepreneurship Induce a Costly ?Brain Drain? on the Not-for-Profit Research Sector?
Extent and Evolution of the Productivity Gap in Eastern Germany
Estimating the Local Average Treatment Effect of R&D Subsidies in a Virtual Common Pot
Research and development: financial constraints and the role of public funding for small and medium-sized enterprises
Die Auswirkungen der Forschungs- und Technologiepolitik auf die Innovationsaktivitäten ostdeutscher Unternehmen
Capital control, debt financing and innovative activity
Die Auswirkung der Forschungs- und Technologiepolitik auf die Innovationsaktivitäten ostdeutscher Unternehmen
Is there a trade-off between academic research and faculty entrepreneurship? Evidence from U.S. NIH supported biomedical researchers
An empirical test of the asymmetric models on innovative activity: who invests more into R&D - the incumbent or the challenger?