scispace - formally typeset
Journal ArticleDOI

Entrepreneurs' human capital and the start-up size of new technology-based firms

Reads0
Chats0
TLDR
In this paper, the authors investigated the determinants of the start-up size of new technology-based firms, focusing on the characteristics of founders, notably their human capital, and found that the specific component of human capital associated with industry-specific professional knowledge and managerial and entrepreneurial experiences had a greater positive impact on the initial firm size than the generic component, proxied by education and general (i.e., non-industry-specific) working experience.
About
This article is published in International Journal of Industrial Organization.The article was published on 2004-11-01. It has received 270 citations till now. The article focuses on the topics: Human capital & Empirical research.

read more

Citations
More filters
Journal ArticleDOI

Founders' human capital and the growth of new technology-based firms: A competence-based view

TL;DR: In this article, the authors analyze empirically the relation between the growth of new technology-based firms and the human capital of founders, with the aim of teasing out the "wealth" and "capability" effects of human capital.
Journal ArticleDOI

Nascent Entrepreneurs and Venture Emergence: Opportunity Confidence, Human Capital, and Early Planning

TL;DR: In this paper, the authors study the role of human capital and early planning in the early planning process of a nascent entrepreneur and find that entrepreneurial experience has only indirect effects on the emergence of a venture.
Journal ArticleDOI

Entrepreneurship and the process of firms’ entry, survival and growth

TL;DR: In this paper, the authors focus on the microeconomic entrepreneurial foundations of industrial dynamics (entry and exit) and characterise the founder's ex-ante features in terms of likely ex-post business performance, concluding that entry of new firms is heterogeneous with innovative entrepreneurs being found together with passive followers, over-optimist gamblers and even escapees from unemployment.
Journal ArticleDOI

On growth drivers of high-tech start-ups: Exploring the role of founders' human capital and venture capital

TL;DR: In this article, the authors jointly analyzed the effects of the human capital of founders and access to venture capital (VC) financing on the growth of 439 Italian new technology-based firms.
Journal ArticleDOI

In search of complementary assets: The determinants of alliance formation of high-tech start-ups

TL;DR: In this paper, the authors derive an empirical model that aims at highlighting the inducements and obstacles that new technology-based firms face in alliance formation according to firm-specific characteristics and the nature of the alliance.
References
More filters
Book

Limited-Dependent and Qualitative Variables in Econometrics

G. S. Maddala
TL;DR: In this article, the authors present a survey of the use of truncated distributions in the context of unions and wages, and some results on truncated distribution Bibliography Index and references therein.
Book

Investment Under Uncertainty

TL;DR: In this article, Dixit and Pindyck provide the first detailed exposition of a new theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made.
Book

Human Capital

Gary Becker
ReportDOI

Financing Constraints and Corporate Investment

TL;DR: In this paper, the authors examine the importance of a financing hierarchy created by capital-market imperfections and find that investment is more sensitive to cash flow for the group of firms that are most likely to face external finance constraints.
Book

Understanding the small business sector

David Storey
TL;DR: In this paper, the authors introduce the key characteristics of the small business sector and examine the specific problems that face small business owners, showing how the business environment for the smaller firm differs from that of larger companies, and how far their success or failure depends on the wider economic climate.