Rocha, Vera; Praag, Mirjam van; Folta, Timothy B.; … - 2016
The founder (team)'s human capital is a vital determinant of future firm performance. This is a stylized fact. Less is … the founder(s). The analysis is based on matched employer-employee data and covers about 5,300 startups in manufacturing … endogenous and correlated with the human capital of the founders and the ownership structure of startups (single founder versus …