| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18459 |
| 来源ID | Working Paper 18459 |
| Mobilizing Social Capital Through Employee Spinoffs | |
| Marc-Andreas Muendler; James E. Rauch | |
| 发表日期 | 2012-10-11 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | Many founding teams of new firms form at a common employer. We model team formation and the entry of employee spinoffs by extending the Jovanovic (1979) theory of job matching and employer learning. In our social-capital model employees learn about their colleagues' characteristics at a faster rate than the employer and recruit suitable colleagues to join the spinoff firm. For spinoff firms, our model predicts that the separation hazard is lower among founding team members than among workers hired from outside at founding, and that this difference shrinks with worker tenure at the firm. For parent firms, our model predicts that a worker's departure hazard to join a spinoff initially increases with worker tenure at the parent, whereas the separation hazard for conventional quits and layoffs decreases with worker tenure as in Jovanovic (1979). All these predictions are clearly supported in Brazilian data for the period 1995-2001. Calibration of our dynamic model indicates that employee spinoffs raise the share of workers in Brazil's private sector known to be of high match quality by 3.2 percent. |
| 主题 | Microeconomics ; Economics of Information ; Labor Economics ; Unemployment and Immigration ; Industrial Organization ; Firm Behavior |
| URL | https://www.nber.org/papers/w18459 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576134 |
| 推荐引用方式 GB/T 7714 | Marc-Andreas Muendler,James E. Rauch. Mobilizing Social Capital Through Employee Spinoffs. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w18459.pdf（227KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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