Research- and technology-intensive universities, especially via their entrepreneurial spinoffs, have a dramatic impact on the economies of the United States and its fifty states. A new report on just one such university, the Massachusetts Institute of Technology, indicates conservatively that,...

We discuss the characteristics of academic "spin-off processes" in environments outside of high tech clusters and where technology transfer and entrepreneurship infrastructures have been weak. To identify their implications for venture formation, we studied the case of Belgium, gathering data...

How does the relationship between founding team composition and venture performance depend on the venture’s strategy and business environment? Using data from a novel survey of 2,067 firms, we show that while diverse founding teams tend to exhibit higher performance, this is not universally...

This paper analyzes major patterns and trends in entrepreneurship among technology-based university alumni since the 1930s by asking two related research questions: (1) Who enters entrepreneurship, and has this changed over time?; and (2) How does the rate of entrepreneurship vary with changes...