… firm … biotechnology firms, sources of biotechnology expertise (highly-skilled labor), and
venture capitalists on the location-specific founding rates and performance of biotechnology firms. …

… firms, increasing the rate of firm failure. Thus, we expect that density should have a U-shaped
relationship with rate of firm failure. … and profits shortly after their founding. The results also …

… Federal funds towards academic institutions increase the local biotechnology firm birth rate
… Insofar as newly founded biotechnology firms are attracted by the resource endowment of a …

… Certain roles, such as being a founder of a biotechnology firm, are more likely to dictate
geographic … • The survival and growth rates of SBIR recipients have exceeded those of firms not …

… After matching data with each source, the final sample size reduced to 170 dedicated
biotechnology firms (DBFs). We tracked these firms from their founding years to 1999. In total, we …

… In sum, when a biotechnology firm is either established by founders with work experience in
other … [71] noted that the survival rate of biotechnology firms in the UK was lower than that of …

… Bio-incubators help founders at the initial stage of development of their … with ten thousands
euros of turnover has very different consequences as the same growth rate for a firm with ten …

… This paper joins this body of research and focuses on another important source of founders’
… by 512 young biotechnology firms, I explore the relationship between founders’ professional …

… for other biotechnology communities being founded. The industry was founded through two
… 2 Again at very a rough exchange rate of DM0.53 = $1 we get an estimate of $230 million …

… in a BEA area VENTCAPk has a significant positive effect on the rate at which NBFs are
founded. If it does, it is evidence for the absence of an efficient national venture capital market. If …