Where do entrepreneurial skills come from?
AbstractApplying Lazear’s jack-of-all-trades theory we investigate the formation of entrepreneurial skills in two datasets on innovative new firms. Our results suggest that traditional human capital indicators individually have little or no influence on entrepreneurial skills. However, consistent with Lazaer’s theory those entrepreneurs who exhibit a varied set of work experience have higher entrepreneurial skills relevant for starting and growing a firm. This supports the notion that a varied set of work experiences rather than depth of any particular type of experience or education is important for the development of entrepreneurial skills.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 48274.
Date of creation: 2013
Date of revision:
Publication status: Published in Applied Economics Letters 12.20(2013): pp. 1183-1186
Entrepreneurial skills; jack-of-all trades; new venture creation; human capital;
Other versions of this item:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-20 (All new papers)
- NEP-BEC-2013-07-20 (Business Economics)
- NEP-CSE-2013-07-20 (Economics of Strategic Management)
- NEP-ENT-2013-07-20 (Entrepreneurship)
- NEP-PPM-2013-07-20 (Project, Program & Portfolio Management)
- NEP-SBM-2013-07-20 (Small Business Management)
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.:
- Wagner, Joachim, 2002.
"Testing Lazear’s Jack-of-All-Trades View of Entrepreneurship with German Micro Data,"
IZA Discussion Papers
592, Institute for the Study of Labor (IZA).
- J. Wagner, 2003. "Testing Lazear's jack-of-all-trades view of entrepreneurship with German micro data," Applied Economics Letters, Taylor & Francis Journals, vol. 10(11), pages 687-689.
- Michael Stuetzer & Martin Obschonka & Eva Schmitt-Rodermund, 2013.
"Balanced skills among nascent entrepreneurs,"
Small Business Economics,
Springer, vol. 41(1), pages 93-114, June.
- Unger, Jens M. & Rauch, Andreas & Frese, Michael & Rosenbusch, Nina, 2011. "Human capital and entrepreneurial success: A meta-analytical review," Journal of Business Venturing, Elsevier, vol. 26(3), pages 341-358, May.
- Michael Fritsch & Pamela Mueller, 2004. "Effects of New Business Formation on Regional Development over Time," Regional Studies, Taylor & Francis Journals, vol. 38(8), pages 961-975.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:CitEc Project, subscribe to its RSS feed for this item.
- Hessels, Jolanda & Brixy, Udo & Naudé, Wim & Gries, Thomas, 2014. "Skill Variety, Innovation and New Business Formation," IZA Discussion Papers 7889, Institute for the Study of Labor (IZA).
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