| Titel |
The Value of Human and Social Capital Investments for the Business Performance of Start-ups |
| Auteur |
Bosma, N. (Niels); Praag, van M. (Mirjam); Thurik, A.R. (Roy); Wit, de G. (Gerrit) |
| Datum |
2002-03-13 |
| Trefwoord(en) |
entrepreneurship, performance, social capital, start-ups, small business, human capital |
| Taal |
Engels |
| Type |
working paper |
| Samenvatting |
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 empirical analysis of a rich Dutch longitudinal data set of firm founders, we conclude that specific investments indeed affect the three performance measures sub- stantially and significantly. Specific attention is paid to the unobserved talent bias. Moreover, the effect of the emergence of so called "knowledge industries" is explored. |
| Publicatie |
http://hdl.handle.net/1765/6821 |
| Persistent Identifier |
urn:NBN:nl:ui:15-1765/6821 |
| Metadata |
XML |
| Repository |
Erasmus Universiteit Rotterdam |