Praag, C.M. van; Parker, S.C. - 2004
To what extent is the performance of a small business venture, once started, affected by capital constraints at the … business incomes by 3.9 percent on average. Also, education enhances entrepreneurs' performance both directly - with a rate of ….18 percentage points. The indirect effect of education on entrepreneurs' performance is estimated to be between 3.0 and 4.6 percent. …