We investigate the extent to which the signal and intrinsic value of a founder's endowments and relationships can reduce the uncertainty that a venture capital (VC) firm has for an academic startup and help the startup obtain VC funding to exploit a university-generated technology. Our study...

This paper addresses the role of incubators in new venture creation. A mapping of four different types of incubators is proposed. Corporate Private Incubators (CPIs), Independent Private Incubators (IPIs), Business Innovation Centers (BICs) and University Business Incubators (UBIs). We argue...