What explains the survival gap of pushed and pulled corporate spin-offs?

Unconditionally, pushed spin-offs are found to survive longer than their pulled counterparts. Using matched employer–employee data and novel multivariate decomposition techniques, we show that pushed spin-offs’ relative survival advantage is mostly explained by their larger human capital endowments at entry.

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Year of publication:	2015
Authors:	Rocha, Vera ; Carneiro, Anabela ; Varum, Celeste
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 126.2015, C, p. 127-130
Publisher:	Elsevier
Subject:	Spin-offs \| Entrepreneurship \| Firm survival \| Labor mobility \| Human capital

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Type of publication:	Article
Classification:	J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; J63 - Turnover; Vacancies; Layoffs ; L26 - Entrepreneurship ; M13 - Entrepreneurship
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011189497