What explains the survival gap of pushed and pulled corporate spin-offs?

Vera Rocha, Anabela Carneiro and Celeste Varum

Economics Letters, 2015, vol. 126, issue C, 127-130

Abstract: Unconditionally, pushed spin-offs are found to survive longer than their pulled counterparts. Using matched employer–employee data and novel multivariate decomposition techniques, we show that pushed spin-offs’ relative survival advantage is mostly explained by their larger human capital endowments at entry.

Keywords: Spin-offs; Entrepreneurship; Firm survival; Labor mobility; Human capital (search for similar items in EconPapers)
JEL-codes: J24 J63 L26 M13 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:126:y:2015:i:c:p:127-130

DOI: 10.1016/j.econlet.2014.11.029

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