This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...

We applied a novel method to evaluate the effect of capital constraints on entrepreneurial performance on a panel of 1000 Dutch entrepreneurs. We found that initial capital constraints hinder entrepreneurs in their performance (profit, duration and employment), also when we controlled for...

We investigated the manifold posed question: To what extent does investment in human and social capital, besides the effect of 'talent', enhance entrepreneurial performance?. We distinguished between three different performance measures: survival, profits, and generated employment. On the basis...

Ondernemerschap staat hoog in de belangstelling van wetenschappers en beleidsmakers. Bij het stimuleren van ondernemerschap is het van belang onderscheid te kunnen maken tussen degenen die na het starten van hun bedrijf succes zullen hebben als ondernemer en degenen die vroegtijdig zullen moeten...

We investigate the manifold posed question: "To what extent does investment in human and social capital, besides the effect of 'talent', enhance entrepreneurial performance?" We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of...

This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...