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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
, following labor market matching models. Setting out an endogenous growth model with entrepreneurship we derive a … Entrepreneurship Beveridge Curve, through which we illustrate that entrepreneurial start-ups are the outcome of the efficiency with … which entrepreneurial abilities are matched with business opportunities. The Entrepreneurship Beveridge Curve is a …
Persistent link: https://www.econbiz.de/10011452643
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
Entrepreneurship in most advanced economies is in decline. This comes as a surprise: many scholars have expected an … upsurge in entrepreneurship. What are the reasons for the decline? In this paper I first document the extent of the decline in …-side view and moreover fail to explain why the decline in entrepreneurship is largely confined to economies with high levels of …
Persistent link: https://www.econbiz.de/10012110368
understanding of rural non-farm entrepreneurship, particularly with regard to the role of young adults in this sector. This paper …
Persistent link: https://www.econbiz.de/10010419074
general development contribution of migration over and above its contribution through entrepreneurship. The implication is …
Persistent link: https://www.econbiz.de/10011309009
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