Valuing University–Based Firms: The Effects of Academic Affiliation on IPO Performance

By Damiano Bonardo, Stefano Paleari, Silvio Vismara. 2011

185 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/af7bc8ee57f2abad1607e8687b0a512112c02408

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Citations in the corpus

University support and the creation of technology and non-technology academic spin-offs (2016, background): “Moreover, the number of very successful academic spin-offs is fairly limited (Bonardo et al. 2011; Siegel and Wright 2015).”
Governmental venture capital for innovative young firms (2014, unknown): “This paper brings supply-side policies to the attention of scholars in technology transfer, who are traditionally focused on policies aimed at fostering entrepreneurship and, therefore, demand for financing (Bonardo et al. 2011).”
Equity retention and social network theory in equity crowdfunding (2016, unknown): “…2014; Judge et al. 2014; Zattoni and Judge 2012), and affiliation with prestigious underwriters (Carter and Manaster 1990; Carter et al 1998; Migliorati and Vismara 2014), VCs (Megginson and Weiss 1991, Nakata 2008), and universities (Bonardo et al. 2010; Bonardo et al. 2011; Meoli et al. 2013).”
Entrepreneurial finance and technology transfer (2014, background): “Other studies have also contributed to open this dialogue (Audretsch and Link 2012a; Bonardo et al. 2012; Meoli et al. 2013).”
Completing the technology transfer process: M&As of science-based IPOs (2012, unknown): “…firms are defined as companies that either were developed by faculty members based on their own research or were created specifically to capitalize on academic research.1 This definition is consistent with the literature (Shane 2004; O’ Shea et al. 2008; Colombo et al. 2010; Bonardo et al. 2011).”
Board Independence, Ownership Structure and the Valuation of IPOs in Continental Europe (2014, unknown): “We control for profitability (return on assets) and leverage (debt over total assets), as more profitable and less indebted IPO firms are expected to be worth more (Bonardo et al., 2011). We also control for the size and structure of the offer, to account for the effects of the nature of shares offe”
Europe's Second Markets for Small Companies (2012, unknown): “However, the New Markets’ IPOs were restricted to a few high-tech industries with Q-values above the norm (Bonardo et al., 2011).”