Young firm growth in high-tech sectors: The role of founders’ human capital

Massimo G. Colombo () and Luca Grilli
Additional contact information
Massimo G. Colombo: Politecnico di Milano

A chapter in Innovation, Industrial Dynamics and Structural Transformation, 2007, pp 67-86 from Springer

Abstract: Abstract The aim of this paper is to analyze empirically the relation between the human capital of the founding team and the growth of new technology-based firms through the estimates of econometric models. For this purpose, we take advantage of a new data set relating to a sample composed of 391 young Italian firms that operate in high-tech industries in both manufacturing and services. In particular, due to a detailed description of the personal characteristics of firms’ founders, we are able to disentangle the “wealth” and “entrepreneurial ability” effects of human capital. We also investigate the nature of the synergies that eventually arise from the presence within the founding team of complementary industry-specific professional skills.

Keywords: Entrepreneurship; New technology-based firms; Firm growth; Founders’ human capital (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-49465-2_5

Ordering information: This item can be ordered from
http://www.springer.com/9783540494652

DOI: 10.1007/978-3-540-49465-2_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().