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Entrepreneurship and Job-relatedness of Human Capital

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  • Atsushi Ohyama

Abstract

type="main" xml:id="ecca12144-abs-0001"> This paper proposes a theory according to which entrepreneurial ability to deal with the adoption of new technology is a key determinant of value creation in entrepreneurship. In a single conceptual framework, we demonstrate that a bimodal pattern of entrepreneurial entry emerges: both individuals possessing high job-related human capital and individuals with low job-related human capital enter entrepreneurship. Our empirical analysis, using information from the Scientists and Engineers Statistical Data System, shows that entrepreneurial earnings crucially depend on the level of job-related human capital.

Suggested Citation

  • Atsushi Ohyama, 2015. "Entrepreneurship and Job-relatedness of Human Capital," Economica, London School of Economics and Political Science, vol. 82(328), pages 740-768, October.
    • Handle: RePEc:bla:econom:v:82:y:2015:i:328:p:740-768
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    File URL: http://hdl.handle.net/10.1111/ecca.2015.82.issue-328
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    Cited by:

    1. Henry Sauermann, 2017. "Fire in the Belly? Employee Motives and Innovative Performance in Startups versus Established Firms," NBER Working Papers 23099, National Bureau of Economic Research, Inc.
    2. Briana Sell Stenard & Henry Sauermann, 2016. "Educational Mismatch, Work Outcomes, and Entry Into Entrepreneurship," Organization Science, INFORMS, vol. 27(4), pages 801-824, August.
    3. Åstebro, Thomas & Tåg, Joacim, 2015. "Jobs Incorporated: Incorporation Status and Job Creation," Working Paper Series 1059, Research Institute of Industrial Economics.
    4. Åstebro, Thomas & Chen, Jing, 2014. "The entrepreneurial earnings puzzle: Mismeasurement or real?," Journal of Business Venturing, Elsevier, vol. 29(1), pages 88-105.

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