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Investigating the relationship between the multidimensional composition of founding teams in USO and their funding ability : A study on university spin-off founder composition on start-up funding ability in the Netherlands

Solmaz, S.A. (2022) Investigating the relationship between the multidimensional composition of founding teams in USO and their funding ability : A study on university spin-off founder composition on start-up funding ability in the Netherlands.

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Abstract:The commercialization of research and the transfer of knowledge from academic settings to businesses significantly contributes to driving innovation and economic growth. The purpose of this research is to investigate the impact of founding team characteristics on the funding ability of university spin-offs (USOs). Drawing upon a sample of 200 USOs from Dutch research universities, the analysis aimed to identify the influence of founders' educational backgrounds, research impact, entrepreneurial experience, industry experience, cultural diversity on the USO’s funding ability. A binary logistic regression analysis was performed to test the relationships between the independent variables and the dependent variable, funding ability. The results indicate that none of the tested hypotheses related to the founding team composition showed significant outcomes. However, the hypothesis testing the importance of the technology through patent ownership showed a significant outcome. The findings suggest that innovative technology is a more important predictor of funding ability than the founding team composition at USOs.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:https://purl.utwente.nl/essays/97259
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