A study on the growth of high-tech start-ups: Emprical evidence from the perspective of technology and governance

2016 Fiscal Year Final Research Report

• Project/Area Number: 26285060
• Research Category: Grant-in-Aid for Scientific Research (B)
• Allocation Type: Partial Multi-year Fund
• Section: 一般
• Research Field: Economic policy
• Research Institution: Chuo University
• Principal Investigator: Honjo Yuji 中央大学, 商学部, 教授 (00328030)
• Co-Investigator(Kenkyū-buntansha): 大西 宏一郎 大阪工業大学, 公私立大学の部局等, 講師 (60446581) ; 沈 政郁 京都産業大学, 経済学部, 准教授 (70706499) ; 羽田 尚子 中央大学, 商学部, 准教授 (80384022) ; 加藤 雅俊 関西学院大学, 経済学部, 准教授 (80507707)
• Co-Investigator(Renkei-kenkyūsha): YAMADA Kazuo 長崎大学, 経済学部, 准教授 (90633404)
• Project Period (FY): 2014-04-01 – 2017-03-31
• Keywords: アントレプレナーシップ / イノベーション / ガバナンス / 技術 / 人的資本 / 成長 / ハイテクスタートアップ / ファイナンス

Outline of Final Research Achievements

This study examines the determinants of post-entry performance of high-tech start-ups in Japan to identify the process from entrepreneurship to innovation. In this study, we newly construct a data set of high-tech start-ups by matching some data sources. Using this data set, we investigate how entrepreneurs’ human capital, including technological ability, and governance at founding affect the post-entry performance of firms. Moreover, we provide some evidence on what factors affect the growth of high-tech start-ups, which will lead to policies to promote entrepreneurship and innovation in high-tech start-ups.

Free Research Field

企業経済学