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The Value of Human and Social Capital Investments for the Business Performance of Startups Author info | Abstract | Publisher info | Download info | Related research | Statistics Gerrit de Wit
Niels Bosma
Roy Thurik
Mirjam van Praag
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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 of the empirical analysis of a rich Dutch longitudinal data set of firm founders, we concluded that specific investments indeed affect the three performance measures substantially and significantly. Specific attention is paid to the unobserved talent bias. Moreover, the effect of the emergence of so-called 'knowledge industries' is explored.
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Paper provided by EIM Business and Policy Research in its series Scales Research Reports with number
N200204.
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Length: 20 pages
Date of creation: 01 Jul 2002Date of revision:
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: van Praag, C Mirjam, 2003.
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[Downloadable!]
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Leitão, João & Franco, Mário, 2008.
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Stam, F.C. & Audretsch, D.B. & Meijaard, J., 2006.
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Research Paper
ERS-2006-017-ORG Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
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Other versions: whitney Oliver Peake & Maria I. Marshall, 2006.
"What Do We Really Know About Entrepreneurs? An Analysis Of Nascent Entrepreneurs In Indiana ,"
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Chad Moutray, 2008.
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The Office of Advocacy Small Business Working Papers
07cm, U.S. Small Business Administration, Office of Advocacy.
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Audretsch, David B & Meijaard, Joris & Stam, Erik, 2005.
"Renascent Men or Entrepreneurship as a One-Night Stand: Entrepreneurial Intentions Subsequent to Firm Exit ,"
CEPR Discussion Papers
5342, C.E.P.R. Discussion Papers.
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Arnab Bhattacharjee (University of-St Andrews) & Jean Bonnet (CREM – CNRS) & Nicolas Le Pape (CREM – CNRS) & Régis Renault (THEMA – CNRS), 2006.
"Inferring the unobserved human capital of entrepreneurs ,"
Economics Working Paper Archive (University of Rennes 1 & University of Caen)
200603, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
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Niels Bosma & Sander Wennekers, 2004.
"Entrepreneurial Attitudes Versus Entrepreneurial Activities (GEM) ,"
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Erik Stam & David Audretsch & Joris Meijaard, 2006.
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Discussion Papers on Entrepreneurship, Growth and Public Policy
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[Downloadable!]
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