How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

This study assesses the impact that human and social capital have on the closure of firms. It proposes and tests firm-level hypotheses on the possible impacts of human and social capital on organizational dissolution, particularly their specificity (i.e., the degree to which the human capital...