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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
Although comprehensive data from official statistics on new firm formation and entrepreneurs starting a new business are lacking in Germany, we know from empirical studies that entry rates differ between regions, and that the propensity to become an entrepreneur is influenced by...
Persistent link: https://www.econbiz.de/10011411296
household income. Based on individual-level data from the KfW Start-up Monitor, a large-scale survey on entrepreneurship in …
Persistent link: https://www.econbiz.de/10011881166
unemployment. -- Entrepreneurship ; push and pull motives ; survival and failure ; job creation …
Persistent link: https://www.econbiz.de/10003932123
as entrepreneurs than do persons with particularly low or high risks. -- Entrepreneurship ; risk attitudes ; survival and …
Persistent link: https://www.econbiz.de/10003719636
Analyzing data on all U.S. employers in a cohort of entering firms, we document a highly skewed size distribution, such that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little of the size variation is accounted for by industry...
Persistent link: https://www.econbiz.de/10011881435
Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the...
Persistent link: https://www.econbiz.de/10013498909
In this paper we investigate the relationship between females among the first hires of start-up companies and business success. Our results show that firms with female first hires have a higher share of female workers at the end of the first year after entry. Further, we find that firms with...
Persistent link: https://www.econbiz.de/10003919841
particular focus on developing countries (DCs). In particular, the same concept of "entrepreneurship" will be critically …
Persistent link: https://www.econbiz.de/10009754698
Entrepreneurial persistence is demonstrated by an entrepreneur's continued positive maintenance of entrepreneurial motivation and constantly-renewed active engagement in a new business venture despite counter forces or enticing alternatives. It is thus a crucial factor for entrepreneurs when...
Persistent link: https://www.econbiz.de/10012110496