Paul Gompers, Josh Lerner, and David Scharfstein are at Harvard University and National Bureau of Economic Research. Seminar participants at the Bank of Italy, Berkeley, Boston College, Boston University, Harvard, London Business School, MIT, the NBER, Stanford, the Stockholm Institute for Financial Research, the University of Chicago, and the University of Wisconsin provided useful comments, as did Rebecca Henderson, Steve Kaplan, Steven Klepper, Antoinette Schoar, Rob Stambaugh (the editor), Noam Wasserman, and an anonymous referee. We thank Harvard Business School's Division of Research and the National Science Foundation for financial support. We are grateful for the research assistance of Jason Breen, Jon Daniels, Sonia Koshy, Robin Lee, Jonathan Man, Beatrix Mietke, Oguzhan Ozbas, and Bernard Yoo. We also thank David Witherow of VentureOne and Tracey Boylston of Thomson Delphion for providing us with the data. All errors are our own.
Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986 to 1999
Version of Record online: 2 MAR 2005
© 2005 the American Finance Association
The Journal of Finance
Volume 60, Issue 2, pages 577–614, April 2005
How to Cite
GOMPERS, P., LERNER, J. and SCHARFSTEIN, D. (2005), Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986 to 1999. The Journal of Finance, 60: 577–614. doi: 10.1111/j.1540-6261.2005.00740.x
- Issue online: 2 MAR 2005
- Version of Record online: 2 MAR 2005
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