Faculty News

Professor Sabrina Howell's joint research on the connection between corporate R&D investment and employee entrepreneurship is referenced

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Excerpt from Brookings Institute blog -- "Using U.S. Census data from 1990 to 2008, Tania Babina of Columbia Business School and Sabrina Howell of NYU Stern School of Business find that a doubling of a firm’s research and development spending increases the number of employees who leave to become entrepreneurs by 8.4 percent. One reason employees form start-ups rather than remaining with the parent firm is that risky ventures are often more successful when they are run as separate entities, which benefit from being highly focused and externally financed."

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