The purpose of this work is to analyze the impact of students’ education on the probability of teaming up with different types of individual and forming student start-ups. The founding team composition was analyzed from the Resource-seeking perspective and from the Interpersonal attraction perspective. These two theoretical approaches support opposite stimulus that lead to diverse team compositions. We identified that students can start businesses with family members, with other relatively unexperienced young people, with significantly more experienced individuals or as solo entrepreneurs. We distinguished various educational dimensions of the students’ university education and, consistently with previous studies, suggested their potential effects on the founding team composition. To conduct our analysis, we collected information on student entrepreneurs who graduated from the Politecnico di Milano, and their cofounders. We used this data to test our assumptions through a multinomial logit model. The estimates provide statistical evidence that the university education from technical universities affect the type of individuals the student involves for new venture creation. Both a high level of specialization of the university curriculum and a study experience abroad strongly stimulate students to start a company with people of their same age. Work experience during the degree also supports, although in a weaker way, the students to start a venture right after graduation with more experienced individuals. Moreover, the study confirms that experienced individuals or relatives to the student are less likely to be influenced by signals. Nevertheless, certain signaling effects are interestingly lower than expected. The information about students’ teammates is scarce and limits our work, preventing us from exploring interesting issues. Still, the study has implication for university managers as it shows that a proper design of the university curricula is able to promote entrepreneurial entry with a defined founding team composition.
Lo scopo di questo lavoro è quello di analizzare l'impatto dell'istruzione degli studenti sulla probabilità di collaborare con diversi tipi di individui e formare start-ups. La composizione della squadra di base è stata analizzata dalla prospettiva di ricerca delle risorse e dalla prospettiva di attrazione interpersonale. Questi due approcci teorici sostengono stimoli opposti che portano a la formazione di squadre con diverse composizioni. Abbiamo individuato che gli studenti possono iniziare le attività con membri della loro famiglia, con altri giovani relativamente inesperti, con individui molto più esperti o come imprenditori da soli. Abbiamo riconosciuto varie dimensioni educative dell'istruzione universitaria degli studenti e, in linea con gli studi precedenti, abbiamo suggerito i loro potenziali effetti sulla composizione del team di fondatori. Per condurre la nostra analisi, abbiamo raccolto informazioni sugli imprenditori studenti che si sono laureati presso il Politecnico di Milano ei loro cofondatori. Abbiamo utilizzato questi dati per testare le nostre ipotesi attraverso un modello logit multinomiale. Le stime forniscono prove statistiche che l'istruzione universitaria delle università tecniche influenzano il tipo di individui che lo studente implica per la creazione di una nuova impresa. Sia l'elevato livello di specializzazione del curriculum universitario e l'esperienza di studio all'estero stimolano fortemente gli studenti ad iniziare un'azienda con persone della stessa età. L'esperienza di lavoro durante la laurea supporta, anche se in modo più debole, gli studenti ad avviare un'impresa subito dopo la laurea con individui più esperti. Inoltre, lo studio conferma che gli individui esperti oi parenti dello studente sono meno probabili per essere influenzati dai segnali. Tuttavia, alcuni effetti di segnalazione sono interessantemente inferiori a quelli previsti. Le informazioni sui compagni di squadra degli studenti sono scarse e limitano il nostro lavoro, impedendoci di esplorare temi interessanti. Comunque, lo studio ha implicazioni per i dirigenti universitari, in quanto dimostra che un corretto disegno dei programmi universitari è in grado di promuovere l'ingresso imprenditoriale con una composizione determinata della squadra di base.
Student entrepreneurs from technical universities : the impact of education on the team composition formed for entrepreneurial entry
AMIANO, NICOLAS
2016/2017
Abstract
The purpose of this work is to analyze the impact of students’ education on the probability of teaming up with different types of individual and forming student start-ups. The founding team composition was analyzed from the Resource-seeking perspective and from the Interpersonal attraction perspective. These two theoretical approaches support opposite stimulus that lead to diverse team compositions. We identified that students can start businesses with family members, with other relatively unexperienced young people, with significantly more experienced individuals or as solo entrepreneurs. We distinguished various educational dimensions of the students’ university education and, consistently with previous studies, suggested their potential effects on the founding team composition. To conduct our analysis, we collected information on student entrepreneurs who graduated from the Politecnico di Milano, and their cofounders. We used this data to test our assumptions through a multinomial logit model. The estimates provide statistical evidence that the university education from technical universities affect the type of individuals the student involves for new venture creation. Both a high level of specialization of the university curriculum and a study experience abroad strongly stimulate students to start a company with people of their same age. Work experience during the degree also supports, although in a weaker way, the students to start a venture right after graduation with more experienced individuals. Moreover, the study confirms that experienced individuals or relatives to the student are less likely to be influenced by signals. Nevertheless, certain signaling effects are interestingly lower than expected. The information about students’ teammates is scarce and limits our work, preventing us from exploring interesting issues. Still, the study has implication for university managers as it shows that a proper design of the university curricula is able to promote entrepreneurial entry with a defined founding team composition.File | Dimensione | Formato | |
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https://hdl.handle.net/10589/135122