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Title:Entrepreneurs' Human Capital and Heterogeneous Labor Demand of Newly Established Firms PDF Logo
Authors:Müller, Kathrin
Issue Date:2010
Series/Report no.:Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Dynamics of the Labor Market: Empirical Studies F11-V4
Abstract:This paper investigates the effect of founders' human capital on the qualification structure of employees in newly established firms. Different corner solution outcome models are compared regarding their goodness of fit and adequacy. Based on survey data of about 1,200 new-born firms in the research- and knowledge-intensive industries in Germany, I find that industry experience and the educational degree largely determine the share of high-educated workers and the share of low-educated workers in young firms. Furthermore, this study provides evidence for a skill-biased technical change and a capital-skill complementarity in young firms.
Subjects:heterogeneous labor demand
human capital
start-ups
JEL:J23
J24
M13
Document Type:Conference Paper
Appears in Collections:Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie

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