Surplus Mechanism of University-Originated Venture Firms

DOI

Bibliographic Information

Other Title
  • 大学発ベンチャー企業における黒字化のメカニズム

Abstract

<p>The “liability of newness" makes a venture firm's cash flow difficult. We demonstrate the impact of quick profitability on a university-originated venture firm's representative and university attributes, location of establishment, and related researcher. We use data obtained by the Ministry of Economy, Trade, and Industry from 115 firms between 2016 and 2019. A multiple regression analysis shows that it is easy to profit when the representative is a researcher. Furthermore, we examine the effect of the interaction between the attributes of the representative and those of the university. This reveals a prompt surplus mechanism. This study is a theoretical contribution to the study of emerging entrepreneurs, and it makes a practical contribution by presenting a strategy for establishing university-originated ventures.</p>

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Details 詳細情報について

  • CRID
    1391131406306722304
  • NII Article ID
    130007970723
  • DOI
    10.11497/jasmin.202011.0_69
  • Text Lang
    ja
  • Data Source
    • JaLC
    • CiNii Articles
  • Abstract License Flag
    Disallowed

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