Startup grants and the development of academic startup projects during funding: Quasi-experimental evidence from the German ‘EXIST – Business startup grant’

Journal of Business Venturing Insights - Tập 20 - Trang e00408 - 2023
Christoph E. Mueller1
1Startup, Transfer and Innovation Support (GTI), Project Management Jülich (PtJ), Forschungszentrum Jülich, Germany

Tài liệu tham khảo

Astbury, 2010, Unpacking black boxes: mechanisms and theory building in evaluation, Am. J. Eval., 31, 363, 10.1177/1098214010371972 Audretsch, 2020, Innovative start-ups and policy initiatives, Res. Pol., 49, 10.1016/j.respol.2020.104027 Austin, 2011, An introduction to propensity score methods for reducing the effects of confounding in observational studies, Multivariate Behav. Res., 46, 399, 10.1080/00273171.2011.568786 Ayoub, 2017, Impact of public seed-funding on academic spinoffs, J. Technol. Tran., 42, 1100, 10.1007/s10961-016-9476-5 Baldauf, 2021 Bundesanzeiger Bauer, 2023, The resources be with you: a systematic review and framework of startup funding options, Manag..Rev.Q., 10.1007/s11301-023-00336-6 Biancalani, 2022, The Italian Start up Act: a microeconometric program evaluation, Small Bus. Econ., 58, 1699, 10.1007/s11187-021-00468-7 Birley, 1985, The role of networks in the entrepreneurial process, J. Bus. Ventur., 1, 107, 10.1016/0883-9026(85)90010-2 Busu, 2021, The performance of publicly funded startups in Romania, Econ. Syst., 45, 10.1016/j.ecosys.2021.100908 Butler, 2016, Public funding for startups in Argentina: an impact evaluation, Small Bus. Econ., 46, 295, 10.1007/s11187-015-9684-7 Caliendo, 2021, Design and effectiveness of start-up subsidies: evidence from a policy reform in Germany, Econ. Anal. Pol., 70, 333 Chwolka, 2012, The value of business planning before start-up – a decision-theoretical perspective, J. Bus. Ventur., 27, 385, 10.1016/j.jbusvent.2011.01.002 Cohen, 1988 Curtin, 2018 Das, 1998, Time and entrepreneurial risk behavior, Enterpren. Theor. Pract., 22, 69, 10.1177/104225879802200206 Delmar, 2003, Does business planning facilitate the development of new ventures?, Strat. Manag. J., 24, 1165, 10.1002/smj.349 Dziallas, 2019, Innovation indicators throughout the innovation process: an extensive literature analysis, Technovation, 80-81, 3, 10.1016/j.technovation.2018.05.005 Gao, 2021, The mechanism of entrepreneurs’ social networks on innovative startups’ innovation performance considering the moderating effect of the entrepreneurial competence and motivation, Enterpren. Res. J., 13, 31 2023 Goetz, 2010, Evaluating U.S. rural entrepreneurship policy, J. Reg. Anal. Pol., 40, 20 Guerrero, 2015, Economic impact of entrepreneurial universities’ activities: an exploratory study of the United Kingdom, Res. Pol., 44, 748, 10.1016/j.respol.2014.10.008 Hechavarría, 2017 Heirman, 2007, Which tangible and intangible assets matter for innovation speed in start-ups?, J. Prod. Innovat. Manag., 24, 303, 10.1111/j.1540-5885.2007.00253.x Hill, 2005, Revisiting the retrospective pretest, Am. J. Eval., 26, 501, 10.1177/1098214005281356 Hisrich, 2020, 145 Hong, 2012, Marginal mean weighting through stratification: a generalized method for evaluating multi-valued and multiple treatments with non-experimental data, Psychol. Methods, 17, 44, 10.1037/a0024918 Hossinger, 2020, Drivers, barriers and success factors of academic spin-offs: a systematic literature review, Manag..Rev.Q., 70, 97, 10.1007/s11301-019-00161-w Islam, 2018, Signaling by early stage startups: US government research grants and venture capital funding, J. Bus. Ventur., 33, 35, 10.1016/j.jbusvent.2017.10.001 Kalyanasundaram, 2018, Why do startups fail? A case study based empirical analysis in Bangalore, Asian.J.Innovation Policy, 7, 79 King, 2000, Social desirability bias: a neglected aspect of validity testing, Psychol. Market., 17, 79, 10.1002/(SICI)1520-6793(200002)17:2<79::AID-MAR2>3.0.CO;2-0 Klein, 2019, Start-up financing in the digital age: a systematic review and comparison of new forms of financing, J. Entrepreneurial .Finance, 21, 46, 10.57229/2373-1761.1353 Kraus, 2006, The role of pre-start-up planning in new small business, Int. J. Manag. Enterprise Dev., 4, 1, 10.1504/IJMED.2007.011452 Lassala, 2023 Lee, 2011, Financial capital and startup survival, Proc. Acad. Manag., 2011, 1, 10.5465/ambpp.2011.65869494 Linden, 2014, Combining propensity score-based stratification and weighting to improve causal inference in the evaluation of health care interventions, J. Eval. Clin. Pract., 20, 1065, 10.1111/jep.12254 Linden Linden, 2016, A comparison of approaches for stratifying on the propensity score to reduce bias, J. Eval. Clin. Pract., 23, 690, 10.1111/jep.12701 Lundberg, 2013, Triple Helix in practice: the key role of boundary spanners, Eur. J. Innovat. Manag., 16, 211, 10.1108/14601061311324548 Mambolo, 2020, A systematic literature review of skills required in the different phases of the entrepreneurial process, Small Enterprise Research, 27, 39, 10.1080/13215906.2020.1730230 Martinez, 2011, Networking strategies for entrepreneurs: balancing cohesion and diversity, Int. J. Entrepreneurial Behav. Res., 17, 7, 10.1108/13552551111107499 Mayne, 2015, Useful theory of change models, Can. J. Progr. Eval., 30, 119, 10.3138/cjpe.230 Meager, 2003, vol. 186, 59 Mengel, 2015, Financial planning and control in very small start-up companies: antecedents and effects on company performance, Int. J. Enterpren. Small Bus., 26, 191 Mitchelmore, 2010, Entrepreneurial competencies: a literature review and development agenda, Int. J. Entrepreneurial Behav. Res., 16, 92, 10.1108/13552551011026995 Moro-Visconti, 2021, From business models to business planning Mueller, 2023, Explaining the stage of product in pre-seed academic startup ventures: an empirical analysis using monitoring data from a German startup support program, J. Bus. Ventur. Insights, 19, 10.1016/j.jbvi.2023.e00395 Mueller, 2022, Wirkungsorientiertes Monitoring für die Startup-Förderprogramme „EXIST-Gründerstipendium“ und „EXIST-Forschungstransfer, Zeitschrift für Evaluation, 21, 77, 10.31244/zfe.2022.01.05 Mueller, 2023 Munari, 2018, The university as a venture capitalist? Gap funding instruments for technology transfer, Technol. Forecast. Soc. Change, 127, 70, 10.1016/j.techfore.2017.07.024 Nann, S., Krauss, J.S., Schober, M., Gloor, P., Fischbach, K., Fuehres, H., 2010. The Power of Alumni Networks – Success of Startup Companies Correlates with Online Social Network Structure of its Founders. MIT Sloan Research Paper No. 4766-10. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1534699. Nosella, 2009, University-level mechanisms supporting the creation of new companies: an analysis of Italian academic spinoffs, Technol. Anal. Strat. Manag., 21, 679, 10.1080/09537320903052657 Olechowski, 2020, Technology readiness levels: shortcomings and improvement opportunities, Syst. Eng., 23, 395, 10.1002/sys.21533 Oranburg, 2020, Start-up financing, 59 Osiyevskyy, 2013, Planning to grow? Exploring the effect of business planning on the growth of small and medium enterprises (SMEs), Entrep. Pract. Rev., 2, 36 Royston, 2004, Multiple imputation of missing values, STATA J., 4, 227, 10.1177/1536867X0400400301 Royston, 2007, Multiple imputation by chained equations (mice): implementation in Stata, J. Stat. Software, 45, 1 Schoonhoven, 1990, Speeding products to market: waiting time to first product introduction in new firms, Adm. Sci. Q., 35, 177, 10.2307/2393555 Schulte, 2008, Pre-Startup planning sophistication and new venture performance, 3 Semrau, 2014, How exactly do network relationships pay off? The effects of network size and relationship quality on access to start–up resources, Entrep. Theory Pract., 38, 501, 10.1111/etap.12011 Shadish, 2002 Shane, 2004, Planning for the market: business planning before marketing and the continuation of organizing efforts, J. Bus. Ventur., 19, 767, 10.1016/j.jbusvent.2003.11.001 Smith, 2005 Soetanto, 2015, Getting the right balance: university networks’ influence on spin-offs’ attraction of funding for innovation, Technovation, 36-37, 26, 10.1016/j.technovation.2014.10.008 Sørheim, 2011, Funding of university spinoff companies: a conceptual approach to financing challenges, J. Small Bus. Enterprise Dev., 18, 58, 10.1108/14626001111106433 Spender, 2017, Startups and open innovation: a review of the literature, Eur. J. Innovat. Manag., 20, 4, 10.1108/EJIM-12-2015-0131 Steenhuis, 2010, University start-ups and the regional economy, Picmet 2010 Technol. Manag.Global Econ.Growth.IEEE, 2010 Vincett, 2010, The economic impacts of academic spinoff companies, and their implications for public policy, Res. Pol., 39, 736, 10.1016/j.respol.2010.02.001 Wang, 2014, R&D activities in start-up firms: what can we learn from founding resources?, Technol. Anal. Strat. Manag., 26, 517, 10.1080/09537325.2013.870990 Watson, 2007, Modeling the relationship between networking and firm performance, J. Bus. Ventur., 22, 852, 10.1016/j.jbusvent.2006.08.001 West, 2006, Patterns of open innovation in open source software, 82 White, 2008, Introduction: impact evaluation in official development agencies, IDS Bull., 39, 1, 10.1111/j.1759-5436.2008.tb00428.x Zinger, 2014, The benefits of business planning in early stage small enterprises, J. Small Bus. Enterpren., 17, 1