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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/10012992732
Both organizational and sociological approaches in entrepreneurship research highlight the importance of social context … in shaping individual preferences for entrepreneurship. An influential contextual factor that has not been studied in … entrepreneurship research is one's boss at work. Do entrepreneurial bosses contribute to their employees' decisions to become …
Persistent link: https://www.econbiz.de/10012985657
The aim of this study is to analyze the effectiveness of early entrepreneurship education. To this end, we conduct a … randomized field experiment to evaluate a leading entrepreneurship education program that is taught worldwide in the final grade …
Persistent link: https://www.econbiz.de/10013106956
From an active labor market policy perspective, start-up subsidies for unemployed individuals are very effective in improving long-term labor market outcomes for participants. From a business perspective, however, the assessment of these public programs is less clear since they might attract...
Persistent link: https://www.econbiz.de/10012860518
Offering unemployed individuals a subsidy to become self-employed is a widespread active labor market policy strategy. Previous studies have illustrated its high effectiveness to help participants escaping unemployment and improving their labor market prospects compared to other unemployed...
Persistent link: https://www.econbiz.de/10013028177
Empirical studies show low pecuniary returns of switching from wage employment to entrepreneurship. We reconsider the … indicate that the average returns to entrepreneurship are significantly negative for individuals entering entrepreneurship …
Persistent link: https://www.econbiz.de/10012947121
Research shows that most ventures fail, yet it has devoted limited attention to the consequences of entrepreneurs' past failure for investors' decisions. Our motivating insight is that failure can be due to bad luck, lack of skill or both. Therefore, failure conveys ambiguous information about...
Persistent link: https://www.econbiz.de/10012947124
entrepreneurship literature has emphasised the important role of personality traits as predictors for start-up decisions and business …
Persistent link: https://www.econbiz.de/10013001335
We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode...
Persistent link: https://www.econbiz.de/10012779167
Recent microeconometric evaluation studies have shown that start-up subsidies for unemployed individuals are an effective policy tool to improve long-term employment and income prospects of participants, in particular compared to other active labor market programs (e.g. training, job search...
Persistent link: https://www.econbiz.de/10013079733