In this empirical study we are interested in investigating the performance differences between those startups that get started with ex-employer endowments and those that are more self-sufficient in their resource needs. In our theorizing efforts we develop two main hypotheses: New ventures that reach out to endowments succeed in creating new firms faster than those new ventures, which are self-sufficient (H1); New ventures that are self-sufficient in their resource needs express higher survival rates than those new ventures, which lean on endowments (H2).
Rannikko, Heikki; Tornikoski, Erno; and Kang, Byeongwoo
"STARTUPS FROM NOKIA BRIDGE PROGRAM: THE ROLE OF ENDOWMENTS IN EXPLAINING THE PERFORMANCE OF STARTUPS RESULTING FROM A CORPORATE LAYOFF (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 37
, Article 9.
Available at: https://digitalknowledge.babson.edu/fer/vol37/iss13/9