This article explores the possibility that under an intensely negative industry-specific shock, the commonly detected positive relationship between the human capital of founders and the survival prospects of start-up businesses may actually be reversed. Starting from an analysis of the issue...

Using a new European Union-sponsored firm-level longitudinal dataset, we assess the impact of government-managed (GVC) and independent venture capital (IVC) funds on the sales and employee growth of European high-tech entrepreneurial firms. Our results show that the main statistically robust and...

This article adds new insights into the relationship between founders' human capital and the survival prospects of startup businesses. The impact of founders' human capital on firm survival is controversial. On one hand, more experienced and skilled individuals are likely to create start-up...