Do balanced skills help nascent entrepreneurs to make progress in the venture creation process?
We analyze longitudinal data on innovative start-up projects and apply Lazear’s jack-of-all-trades theory to investigate the effect of nascent entrepreneurs’ balanced skills on their progress in the venture creation process. Our results suggest that those nascent entrepreneurs who exhibit a sufficiently broad set of skills undertake more gestation activities towards an operational new venture. This supports the notion that a balanced skill set is an important determinant of entrepreneurial market entry.
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- Michael Stuetzer & Martin Obschonka & Eva Schmitt-Rodermund, 2013.
"Balanced skills among nascent entrepreneurs,"
Small Business Economics,
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