Skip to main content
About HEC About HEC Faculty & Research Faculty & Research Master’s programs Master’s programs MBA Programs MBA Programs PhD Program PhD Program Executive Education Executive Education Summer School Summer School HEC Online HEC Online About HEC Overview Overview Who We Are Who We Are Egalité des chances Egalité des chances Career Center Career Center International International Campus Life Campus Life Stories Stories The HEC Foundation The HEC Foundation Faculty & Research Overview Overview Faculty Directory Faculty Directory Departments Departments Centers Centers Chairs Chairs Knowledge Knowledge Master’s programs Master in
Management Master in
Management
MSc International
Finance MSc International
Finance
Specialized
Masters Specialized
Masters
X-HEC
programs X-HEC
programs
Dual-Degree
programs Dual-Degree
programs
Visiting students Visiting students Certificates Certificates Student Life Student Life
MBA Programs MBA MBA EMBA EMBA TRIUM EMBA TRIUM EMBA PhD Program Overview Overview HEC Difference HEC Difference Program details Program details Research areas Research areas HEC Community HEC Community Placement Placement Job Market Job Market Admissions Admissions Financing Financing Executive Education Executive Masters Executive Masters Executive Certificates Executive Certificates Executive short programs Executive short programs Online Online Executive MBA Executive MBA Train your teams Train your teams Summer School Youth Leadership Initiative Youth Leadership Initiative Summer programs Summer programs Admissions Admissions FAQ FAQ HEC Online Overview Overview Degree Program Degree Program Executive certificates Executive certificates MOOCs MOOCs
Faculty & Research

Innovation Investment and Labor Mobility: Employee Entrepreneurship from Corporate R&D - Tania Babina

06 Jun
2019
2:00 pm
Jouy-en-Josas
English

Participate

Ajouter au calendrier
2019-06-06T14:00:00 2019-06-06T15:15:00 Innovation Investment and Labor Mobility: Employee Entrepreneurship from Corporate R&D - Tania Babina Finance Speaker : Tania Babina Buil. T - Room T105 Jouy-en-Josas

Finance

Speaker : Tania Babina

Buil. T - Room T105

This paper studies how corporate research and development (R&D) investment affects labor mobility. We use  employer-employee matched data in ordinary least squares and instrumental variables analyses to assess four hypotheses. R&D has no effect on worker retention, exit from employment, or mobility to incumbent firms. Instead, it increases employee departures to entrepreneurship, leading employees to join the founding teams of startups that are venture capital-backed, high tech, high wage, and in different sectors than the parent firm. These high-growth, high-risk startups emerging from R&D benefit from a focused, standalone incentive structure and have poor complementarities to the parent firm’s assets.

Click here to download the paper

Participate

Ajouter au calendrier
2019-06-06T14:00:00 2019-06-06T15:15:00 Innovation Investment and Labor Mobility: Employee Entrepreneurship from Corporate R&D - Tania Babina Finance Speaker : Tania Babina Buil. T - Room T105 Jouy-en-Josas