2015
DOI: 10.1016/j.jbusvent.2014.02.002
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Location choice of academic entrepreneurs: Evidence from the US biotechnology industry

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Cited by 50 publications
(43 citation statements)
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“…Furthermore, the resulting firms performed significantly better than other firms in terms of subsequent VC funding and patenting. Using a sample of 187 biopharmaceutical firms started by 275 academic entrepreneurs in the US, Kolympiris, Kalaitzandonakes, and Miller (2015) show that the location choice of academic entrepreneurs is influenced by both personal (e.g. age) and external factors (e.g.…”
Section: Employeesmentioning
confidence: 99%
“…Furthermore, the resulting firms performed significantly better than other firms in terms of subsequent VC funding and patenting. Using a sample of 187 biopharmaceutical firms started by 275 academic entrepreneurs in the US, Kolympiris, Kalaitzandonakes, and Miller (2015) show that the location choice of academic entrepreneurs is influenced by both personal (e.g. age) and external factors (e.g.…”
Section: Employeesmentioning
confidence: 99%
“…It is measured by four dummy variables: Beijing (Yes = 1, No = 0), Tianjin (Yes = 1, No = 0), Hebei (Yes = 1, No = 0), and Shandong (Yes = 1, No = 0). Corporate location reflects diverse cultural norms, infrastructure, and knowledge asset backgrounds in different regions (Cardon et al, 2011; Kolympiris et al, 2015). All these factors may influence the pressure that entrepreneurs perceive and their sense of control over pressure.…”
Section: Samples and Scalementioning
confidence: 99%
“…Empirical research in this vein has focused primarily on entrepreneurship among university employees rather than among students or recent graduates (Rothaermel et al, 2007;Siegel and Wright, 2015b). One of the few studies on location choices of former university employees examined the location of biotech firms spun out of US universities, finding that the location of the founders, other firms in the industry, and venture capitalists all influenced their location choice (Kolympiris et al, 2015). A more general study on the location choices of 35,000 entrepreneurs in Swedena third of them being university graduatesshowed that graduates are significantly more likely to start ventures in the region where they complete their studies, even after controlling for birth region (Baltzopoulos and Broström, 2013).…”
Section: Theory and Research On University Entrepreneurshipmentioning
confidence: 99%