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How Do Financial, Institutional, and Human Capital Factors Affect University Start-Ups?

The art of enabling new start-ups is on the rise, but only minimal research has been conducted in this arena. Because university start-ups contribute to the economy of the locale where they operate, they have become an important sector of the economy. This paper seeks to examine how sponsored research expenditure, entrepreneurship culture, and certain human capital factors affect number of university start-ups.