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This paper investigates the impact of entrepreneur-specific human capital and firms' pre-entry experience on start-ups performances. Studying a sample of 342 U.S. firms active in the fabless semiconductor industry, two main findings are provided: having a serial entrepreneur as founder and being a spinoff increase the likelihood that the firm will survive. In addition, small firms are proven to live longer in this particular industry. Finally, firms who patented at least once have a lower probability to fail.

Produktbeschreibung
This paper investigates the impact of entrepreneur-specific human capital and firms' pre-entry experience on start-ups performances. Studying a sample of 342 U.S. firms active in the fabless semiconductor industry, two main findings are provided: having a serial entrepreneur as founder and being a spinoff increase the likelihood that the firm will survive. In addition, small firms are proven to live longer in this particular industry. Finally, firms who patented at least once have a lower probability to fail.
Autorenporträt
Fabio Corfone earned his Master of Science in Economics and Management of Innovation Technology in Bocconi University, Milan. He also studied as an exchange student at Queen's Business School, Canada. After a job experience as Business Developer for SAS Institute, he is currently the SEM Manager for an e-commerce Startup in Berlin.