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A novel method is applied to evaluate the effect of capital constraints on entrepreneurial performance on a panel of 1,000 Dutch entrepreneurs. We find that initial capital constraints hinder entrepreneurs in their performance, even when we control for various human capital and other factors...
Persistent link: https://www.econbiz.de/10011506454
The founder (team)ś human capital is a vital determinant of future firm performance. This is a stylized fact. Less is known about the effect of the human capital of the initial workforce hired by the founder(s). We study the performance consequences of a founderś choice of the initial...
Persistent link: https://www.econbiz.de/10011456733
The founder (team)'s human capital is a vital determinant of future firm performance. This is a stylized fact. Less is known about the effect of the human capital of the initial workforce hired by the founder(s). We study the performance consequences of a founder's choice of the initial...
Persistent link: https://www.econbiz.de/10011458941
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...
Persistent link: https://www.econbiz.de/10011333876
We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...
Persistent link: https://www.econbiz.de/10011337974
entrepreneurship experience (IEE), an unconventional form of human capital, is related to the performance and motivation of …
Persistent link: https://www.econbiz.de/10011337996
Both organizational and sociological approaches in entrepreneurship research highlight the importance of social context … in shaping individual preferences for entrepreneurship. An influential contextual factor that has not been studied in … entrepreneurship research is one's boss at work. Do entrepreneurial bosses contribute to their employees' decisions to become …
Persistent link: https://www.econbiz.de/10011518066
Human capital obtained through education has been shown to be one of the strongest drivers of entrepreneurship … of time. An implication of our novel finding is that entrepreneurship and higher education policies should be considered …
Persistent link: https://www.econbiz.de/10011386432
This paper analyzes the impact of a leading entrepreneurship education program on college students’ entrepreneurship …
Persistent link: https://www.econbiz.de/10011374432
We test the hypothesis, based on popular and theoretical perspectives, that entrepreneurs are more action-oriented than other occupational groups. We compare their playing strategies in an optimal stopping game using a randomized online experiment among 100s of entrepreneurs, managers and...
Persistent link: https://www.econbiz.de/10011607388