60 research outputs found

    Wages in high-tech start-ups - do academic spin-offs pay a wage premium?

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    Due to their origin from universities, academic spin‐offs operate at the forefront of the technological development. Therefore, spin‐offs exhibit a skill‐biased labour demand, i.e. spin‐offs have a high demand for employees with cutting edge knowledge and technical skills. In order to accommodate this demand, spin‐offs may have to pay a relative wage premium compared to other high‐tech start‐ups. However, neither a comprehensive theoretical assessment nor the empirical literature on wages in start‐ups unambiguously predicts the existence and the direction of wage differentials between spin‐offs and non‐spin‐offs. This paper addresses this research gap and examines empirically whether or not spin‐offs pay their employees a wage premium. Using a unique linked employer‐employee data set of German high‐tech start‐ups, we estimate Mincer‐type wage regressions applying the Hausman‐Taylor panel estimator. Our results show that spin‐offs do not pay a wage premium in general. However, a notable exception from this general result is that spin‐offs that commercialise new scientific results or methods provide higher wages to employees with linkages to the university sector – either as university graduates or as student workers

    The Open Innovation in Science research field: a collaborative conceptualisation approach

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    Openness and collaboration in scientific research are attracting increasing attention from scholars and practitioners alike. However, a common understanding of these phenomena is hindered by disciplinary boundaries and disconnected research streams. We link dispersed knowledge on Open Innovation, Open Science, and related concepts such as Responsible Research and Innovation by proposing a unifying Open Innovation in Science (OIS) Research Framework. This framework captures the antecedents, contingencies, and consequences of open and collaborative practices along the entire process of generating and disseminating scientific insights and translating them into innovation. Moreover, it elucidates individual-, team-, organisation-, field-, and society‐level factors shaping OIS practices. To conceptualise the framework, we employed a collaborative approach involving 47 scholars from multiple disciplines, highlighting both tensions and commonalities between existing approaches. The OIS Research Framework thus serves as a basis for future research, informs policy discussions, and provides guidance to scientists and practitioners

    A UML Extension for the Model-driven Specification of Audit Rules

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    In recent years, a number of laws and regulations (such as the Basel II accord or SOX) demand that organizations record certain activities or decisions to fulfill legally enforced reporting duties. Most of these regulations have a direct impact on the information systems that support an organization's business processes. Therefore, the definition of audit requirements at the modeling-level is an important prerequisite for the thorough implementation and enforcement of corresponding policies in a software system. In this paper, we present a UML extension for the specification of audit properties. The extension is generic and can be applied to a wide variety of UML elements. In a model-driven development (MDD) approach, our extension can be used to generate corresponding audit rules via model transformations. (author's abstract

    Adopting GQM-based measurement in an industrial environment

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    Schlumberger RPS (Retail Petroleum Systems) integrated the Goal/Question/Metric approach into their existing measurement programs to improve their program performance. Key to their success was the use of feedback sessions as a forum to analyze and interpret measurement data. The paper discusses the elements of the GQM approach and fitting GQM to a measurement progra
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