Teaching Entrepreneurship in Practice
Edited by Heidi M. Neck and Yipeng Liu
Chapter 19: Venture creation programs: what kinds of ventures do students create?
The purpose of the present chapter is to investigate which kinds of ventures students start, both in and from a venture creation program (VCP), as well as how their ventures perform and create value over time. This investigation is based on a unique dataset containing full annual financial records and complementary data for all new ventures started by students who graduated from a VCP in Norway between 2005 and 2017. Based on analysis of the extensive material, this chapter contributes rich insight on how student ventures contribute to venture creation from universities. The chapter shows how students and graduates who work on their own personal ideas and opportunities provide positive financial outcomes more quickly, while those who work on ideas and opportunities from external sources employ more people and are more likely to raise capital to fund longer development processes.
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