Table 2

Academic spin-off: descriptive statistics

Meanp50sdMinp25p75Max
Firm growth2.2700.08215.935−1.000−0.2420.518160.850
Female management0.1600.0000.2870.0000.0000.2501.000
Age2.1052.1970.6070.6931.6092.5653.761
Size5.3925.3001.6650.7064.2426.45013.905
Tangibility0.0010.0000.0040.0000.0000.0000.118
Profitability0.0030.0390.499−13.827−0.0250.1315.713
Debt1.1550.0002.1660.0000.0000.96611.945
Cash Holdings0.0060.0010.0150.0000.0000.0040.474
Foreign management0.0230.0000.1500.0000.0000.0001.000
Venture Capital0.0120.0000.1090.0000.0000.0001.000

Note(s): Number of observations: 10,386

or Create an Account

Close subscription notice
Close access options