Why do some US universities generate more venture-backed academic entrepreneurs than others?

Junfu Zhang

Venture Capital, 2008, vol. 11, issue 2, 133-162

Abstract: In this study, I identify academic entrepreneurs using biographical information on start-up founders contained in a comprehensive venture capital database. Multivariate analyses are conducted to investigate why some US universities generate more venture-backed academic entrepreneurs than others. I find that national academy membership and total faculty awards are the most significant variables in explaining the number of venture-backed entrepreneurs from a university. In contrast, the abundance of venture capital near the university has no significant effect, which is surprising given that this study focuses exclusively on venture-backed entrepreneurs.

Date: 2008
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DOI: 10.1080/13691060802525270

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