We investigate the workforce heterogeneity of startups with respect to education, age and wages. Our explorative study … holds both for non-knowledge-based and, to a lesser extent, knowledge-based startups. This seems surprising since a vast …). We also document that workforces become more heterogeneous over time - startups add workers with skills different from …

matter for the generation of market novelties by new ventures. Using data about German start-ups, we find that there are no … between technically trained founders and employees who have business skills. This suggests that the innovation potential of … start-ups by technically trained founders is best explored by hiring employees who are trained in business. However, a …