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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
entrepreneurship. We distinguish between two distinct entrepreneurship entry modes: business takeover and new venture start-up. Using a … large and rich French data set, we find that small firm experience increases the likelihood for business takeover, whereas … management and same sector experience both increase the likelihood for new ventures. Our findings are relevant for policymakers …
Persistent link: https://www.econbiz.de/10011476546
entrepreneurship. Little is known about the entry modes (new venture start-up vs. business takeover) of hybrid entrepreneurs. Our study … aims to close this gap by investigating the path to hybrid entrepreneurship. Using a large sample of French hybrid … entrepreneurs, we show that educational attainment and management experience are associated with new venture start-up, whereas being …
Persistent link: https://www.econbiz.de/10011743547
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
If certain start-up characteristics will indicate a business success, knowing such characteristics could generate more successful start-ups and more efficient start-up counseling. Our study will contribute to this by quantifying individual success determinants of freelance start-ups. The data...
Persistent link: https://www.econbiz.de/10003301655
"Using confidential and restricted-access microdata from the U.S. Census Bureau, we find that Asian-owned businesses are 16.9 percent less likely to close, 20.6 percent more likely to have profits of at least $10,000, and 27.2 percent more likely to hire employees than white-owned businesses in...
Persistent link: https://www.econbiz.de/10003433325
This paper empirically analyzes whether the character-based approach, which is based on the personality structure and the human capital of business founders, allows prediction of entrepreneurial success. A unique data set is used consisting of 414 previously unemployed persons whose personal...
Persistent link: https://www.econbiz.de/10003540253
We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched … worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self …-employment, but also employment in partly self-owned limited liability firms. Based on this extended entrepreneurship concept, we find …
Persistent link: https://www.econbiz.de/10003858876