Local Prior Employment and Ecosystem Dynamics

Author:

Clayton Paige,Donegan Mary,Feldman Maryann,Forbes Allison,Lowe Nichola,Polly Alyse1

Affiliation:

1. Paige Clayton is a Doctoral Candidate at the University of North Carolina (UNC), Chapel Hill. Mary Donegan is an Assistant Professor at University of Connecticut. Maryann Feldman is the Heninger Distinguished Professor at UNC, Chapel Hill. Allison Forbes is a Research Director at the Center for Regional Economic Competitiveness. Nichola Lowe is a Professor at UNC, Chapel Hill. Alyse Polly is a Research Instructor at UNC, Chapel Hill

Abstract

This article utilizes a unique database (PLACE, the PLatform for Advancing Community Economies) to explore relationships between founders’ prior work experiences and the outcomes of their entrepreneurial firms. The authors capture and compare multiple, intersecting, often overlapping, prior work experiences and assess their differential interactions within a local ecosystem. They augment existing empirical research, which has looked most closely at the impact of prior employment on firm financing and survival, to include labor market effects. Results show important differences in firm-level employment outcomes across prior work experiences, with an advantage accruing to founders with prior work experience in local life science firms.

Funder

SBE Office of Multidisciplinary Activities

Ewing Marion Kauffman Foundation

Publisher

SAGE Publications

Subject

Management of Technology and Innovation,Organizational Behavior and Human Resource Management,Strategy and Management

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