INCUBATOR FIRM FAILURE OR GRADUATION?

http://mgt.gatech.edu/tiger/files/gt_tiger_incubator.pdf
Abstract
One of the theoretically important factors for incubator firm performance is the strength of their linkages to the research university sponsoring the technology incubator. Herein, we
focus on two types of university linkages to the sponsoring institution: a license obtained from the university and a link to university faculty, while controlling for incubator firm linkages to
non-sponsoring research universities, among other factors. We propose that a university link to the sponsoring institution reduces the probability of new venture failure and, at the same time,