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Initial capital constraints hinder entrepreneurial venture performance : an empirical analysis
Praag, Mirjam van - 2003
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
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Entrepreneurial exit in real and imagined markets
Stam, Erik; Thurik, Adriaan R.; Zwan, Peter van der - 2009 - Version: October 2009
Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at all, or to give up these entrepreneurial intentions. This...
Persistent link: https://www.econbiz.de/10011374393
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Entrepreneurial choices of initial human capital endowments and new venture success
Rocha, Vera; Praag, Mirjam van; Folta, Timothy B.; … - 2016
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
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Entrepreneurial choices of initial human capital endowments and new venture success
Rocha, Vera; Praag, Mirjam van; Folta, Timothy B.; … - 2016
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
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Initial capital constraints hinder entrepreneurial venture performance
Praag, Mirjam van; Wit, Gerrit de; Bosma, Niels - 2004
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
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Schooling, capital constraints and entrepreneurial performance
Parker, Simon C.; Praag, Mirjam van - 2005
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
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Illegal entrepreneurship experience
Aidis, Ruta; Praag, Mirjam van - 2004
entrepreneurship experience (IEE), an unconventional form of human capital, is related to the performance and motivation of …
Persistent link: https://www.econbiz.de/10011337996
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The "entrepreneurial boss" effect on employees' future entrepreneurship choices : a role model story?
Rocha, Vera; Praag, Mirjam van - 2016
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
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The value of an educated population for an individual's entrepreneurship success
Millán Morera de la Vall, José María; Congregado, Emilio - 2013 - Version: September 2013
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
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Is productive entrepreneurship getting scarcer? : a reflection on the contemporary relevance of Baumol's typology
Minniti, Maria; Naudé, Wim; Stam, Erik - 2023
We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies … adopted widely in Western economies. These have straight-jacketed, distracted and zombified entrepreneurship. Removing these …
Persistent link: https://www.econbiz.de/10014335837