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Exploring the Relationship Between Scientist Human Capital and Firm Performance: The Case of Biomedical Academic Entrepreneurs in the SBIR Program
This report investigates if the background of an entrepreneurial researcher makes an impact on the activities of the firm. The authors find that biomedical academic entrepreneurs with human capital oriented toward exploring scientific opportunities significantly improve their firms performance of research tasks such as proof of concept studies. Biomedical academic entrepreneurs with human capital oriented toward exploring commercial opportunities significantly improve their firms performance of invention oriented tasks such as patenting.