We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...

This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...

This resesarch evaluates the relative importance ofseveral categories of variables in explaining startup success. A sample of 517 nascent Dutch entrepreneurs was identified in 1998 (from data collected by the Entrepreneurial Research Consortium), and tracked for three years. W.B. Gartner's...

The question of which factors contribute to success or failure in starting a business is investigated utilizing Gartner's (1985) framework, which suggests that start-up efforts differ with regard to characteristics of the individual who starts the venture, the organization they create, the...