Ulrich Kaiser
@ulrichkaiser.bsky.social
970 followers 1.1K following 150 posts
Prof. of Entrepreneurship @UZH_en & @CBScph, research fellow @ZEW and @IZA_bonn. @IEP_Journal editor Zürich🇨🇭Stäfa🇨🇭Dejret🇩🇰 https://t.co/T2sAPe5yGy
Posts Media Videos Starter Packs
ulrichkaiser.bsky.social
📣📣📣WE ARE HIRING AT UNI ZURICH📣📣📣

Want to work in a super attractive environment and you are an #innovation scholar?

⏩ Apply here: jobs.uzh.ch/job-vacancie....

(pic taken frommy office)
ulrichkaiser.bsky.social
♀️♀️♀️EPISODE 2♀️♀️♀️

of

🇨🇭🇨🇭 WOMEN STARTUPS AND WHERE TO FIND THEM 🇨🇭🇨🇭

In our last episode (lnkd.in/d5C7vHn9) we discussed where to find ♀️ startups (relative to ♂️ startups) in general so the next question to be answered is:

WHERE DO WE FIND WOMEN GROWTH-ORIENTED VS WOMEN NON GROWTH-ORIENTED STARTUPS?
ulrichkaiser.bsky.social
if such terms were unavailable, via Gender API (in combination with information of the country of origin). Manuel Bolz provided superb research assistence.
ulrichkaiser.bsky.social
Our data starts in March 2016 and ends December 2023. The figures shown are averaged across Swiss municipalities. We identified founders as female vs mal via gendered terms such as Staatsbürgerin (female citizen in German) and,
ulrichkaiser.bsky.social
Where's the data from? We downloaded it via the Zefix API in cooperation with Chiron Services and with financial support by Swiss National Science Foundation SNSF as well as Innosuisse.
ulrichkaiser.bsky.social
The ratio of women to men startups is 0.322 (i.e., for three men startups there is one women startup) across municipalities, similar to basically all other countries we tend to compare us with.
ulrichkaiser.bsky.social
So, where to find them? Mostly in the cantons of Basel city and Zurich but rarely in Appenzell-Innerhoden, Schaffhausen or Neuchatel. They are also more likely to be found in rural and "intermediate" areas than in cities (which offer better options in dependent employment).
ulrichkaiser.bsky.social
♀️♀️♀️ 🇨🇭🇨🇭🇨🇭 Women Startups and Where to Find Them 🇨🇭🇨🇭🇨🇭♀️♀️♀️:

Well, what is a "women startup" in the first place? It's a new business registration on the Swiss Business Register (www.zefix.ch) which has more women founders than men founders.
ulrichkaiser.bsky.social
Ruf mal beim Gemeindeamt Deines letzten Wohnsitzes an. Das hat bei uns geklappt.
ulrichkaiser.bsky.social
At the same time, the journey was also super rewarding, we got really good comments from reviewers and editors, and I am really proud of this very elegant paper that I think is both relevant and rigorous.
ulrichkaiser.bsky.social
It's been a very long journey. It's been so long that two new kids arrived in the meantime (not in my household). And a pandemic. And my hair turned grey, at least the bit that remained.
ulrichkaiser.bsky.social
For instance, we were able to proxy investment in customer retention that is usually difficult to measure, via the number of game updates.
ulrichkaiser.bsky.social
This brought a new and very amazing coauthor, Reinhold Kesler (now Düsseldorf Institute for Competition Economics (DICE)) who pushed the empirical part to a very high level.
ulrichkaiser.bsky.social
The model derives empirically testable hypotheses that we... do no longer test using German magazine data. We use a nowadays much more relevant market instead, online games.
ulrichkaiser.bsky.social
The beauty of the model is that it cannot only explain phenomena observable in the real world, but it also arrives at conclusions that off-the shelf theory would not arrive at. E.g., the mapping between market value and product variety is inverted u-shaped.
ulrichkaiser.bsky.social
The model shows that both variables are substitutes. The mechanism here is that a firm can keep its existing consumers by investment in customer retention but can also attract switching consumers from rivals by a larger portfolio size.
ulrichkaiser.bsky.social
Standard micro theory can't really explain this phenomenon.

Markus got back to me from Regensburg a few weeks later with a sketch of a theoretical model that featured the interplay between investing in portfolio size and investing in consumer retention.
ulrichkaiser.bsky.social
It all started with the question "Why do so many magazine publishers have multiple titles in the exact same segment?" (yes, magazine, it was 20169 that I asked one of my absolute favorite applied micro theorists, Markus Reisinger of Frankfurt School of Finance & Management.
ulrichkaiser.bsky.social
It all started at a meeting of the Industrial Economics field committee of the Verein für Socialpolitik e.V. meeting in Regensburg back in 2016 (superbly organized by Andreas Roider).

And it's now accepted for publication in

Management Science.
ulrichkaiser.bsky.social
Vielleicht müssen wir dann auch alle um 5 Uhr aufstehen, gerade wir faulen Städter.
Reposted by Ulrich Kaiser
ulrichkaiser.bsky.social
Full disclosure: no, Franziska and I do *not* share a common family heritage. She is, however, a member of my academic family heritage - she was supervised by Christian Peukert, who was a post-doc at the chair many years ago.