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Title:Entrepreneurial backgrounds, human capital and start-up success PDF Logo
Authors:Baptista, Rui
Karaöz, Murat
Mendonça, Joana
Issue Date:2007
Series/Report no.:Jena economic research papers 2007,045
Abstract:We examine whether founders’ backgrounds influence new firm survival in the early years after start-up. We develop hypotheses linking founders’ back-grounds to pre-entry capabilities associated with entrepreneurial human capital, highlighting the cases of spin-offs and habitual entrepreneurs. The subject of unemployment-driven entrepreneurship is also explored. We find that specific human capital more frequently found in spin-off founders plays a key role in enhancing survival chances, while more general forms of human capital may help inexperienced entrepreneurs overcome the barrier posed by the critical early years after start-up.
Subjects:Founders’ backgrounds
Human capital
Start-up Success
Pre-entry capabilities
Spin-offs
Habitual entrepreneurs
JEL:D21
L10
M13
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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