Two line graphs depict the marginal effect of female management on firm growth in academic spin-offs and innovative start-ups. The horizontal axis represents female management, ranging from 0 to 100. The vertical axis represents firm growth, ranging from -200 to 100. Panel A, titled Innovative start-ups, shows a line graph with a slight upward trend, indicating that as female management increases, firm growth also increases slightly. The error bars represent 95 percent confidence intervals. Panel B, titled Academic Spinoff, shows a line graph with a downward trend, indicating that as female management increases, firm growth decreases. The error bars represent 95 percent confidence intervals.Marginal effect of female management on firm growth in academic spin-off and innovative startups (95% confidence intervals)
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