Please use this identifier to cite or link to this item:
http://bura.brunel.ac.uk/handle/2438/9854
Title: | The impact of human capital on the early success of necessity versus opportunity-based entrepreneurs |
Authors: | Baptista, R Karaöz, M Mendonça, J |
Keywords: | Entrepreneur human capital;Necessity-based entrepreneurship;New firm survival;Opportunity-based entrepreneurship;Pre-entry capabilities;L26 |
Issue Date: | 2014 |
Publisher: | Kluwer Academic Publishers |
Citation: | Small Business Economics, 42(4), 831 - 847, (April 2014) |
Abstract: | This paper examines whether founders' backgrounds influence new firm survival in the early years after startup, focusing, in particular, on the impact of unemployment-driven entrepreneurship. For entrepreneurs who left their previous employment to found a new firm, both general and specific human capital play a key role in enhancing early survival chances. However, various forms of human capital have little effect on early survival of unemployment-driven entrepreneurs, who rely mostly on previous entrepreneurial experience to persevere. Results suggest that pre-entry capabilities play an important role in the early success of opportunity-based entrepreneurs, but have little influence on the early success of necessity-based ones. |
URI: | http://link.springer.com/article/10.1007%2Fs11187-013-9502-z http://bura.brunel.ac.uk/handle/2438/9854 |
DOI: | http://dx.doi.org/10.1007/s11187-013-9502-z |
ISSN: | 0921-898X 1573-0913 |
Appears in Collections: | Brunel Business School Research Papers |
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