The impact of human capital on the early success of necessity versus opportunity-based entrepreneurs

@inproceedings{Baptista2013TheIO,
  title={The impact of human capital on the early success of necessity versus opportunity-based entrepreneurs},
  author={Rui Baptista and Murat Kara{\"o}z and Joana Mendonça},
  year={2013}
}
This paper examines whether founders’ backgrounds influence new firm survival in the early years after startup, focusing, in particular, on the impact of unemployment-driven entrepreneurship. For entrepreneurs who left their previous employment to found a new firm, both general and specific human capital play a key role in enhancing early survival chances. However, various forms of human capital have little effect on early survival of unemploymentdriven entrepreneurs, who rely mostly on… CONTINUE READING