Human Capital in Entrepreneurship Research
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Questions and Answers

General human capital refers to more specialized skills, such as entrepreneurial, managerial and technical skills or previous experience in owning a business.

False

The findings related to the link between general human capital and entrepreneurship are uniform.

False

According to the study by Cooper et al., business performance in the early stages (survival and growth) was improved by the level of education of the entrepreneur.

True

The researchers concluded that overall human capital is not as well rewarded in self-employment in new businesses with higher survival and growth rates as in employment.

<p>False</p> Signup and view all the answers

Racial minority was linked to higher odds of both marginal survival and growth in the study.

<p>False</p> Signup and view all the answers

Gender was only significantly decreasing in the study.

<p>False</p> Signup and view all the answers

Human capital positively affects both the likelihood of self-employment and the likelihood of self-employment success.

<p>False</p> Signup and view all the answers

A study by the US Small Business Administration found that higher levels of education are associated with a faster growth in the number of self-employed individuals.

<p>True</p> Signup and view all the answers

Cheng believes that previous work experience, especially previous self-employment, negatively affects the transition to self-employment.

<p>False</p> Signup and view all the answers

Rotefos and Kolvereid state that entrepreneurial experience is not a significant factor in predicting the outcome of starting a business.

<p>False</p> Signup and view all the answers

Cressy's study found that financial capital is the true determinant of survival at the beginning of a business.

<p>False</p> Signup and view all the answers

Taylor observed a negative effect of human capital experience on business longevity.

<p>False</p> Signup and view all the answers

Bates found that education has no impact on business longevity.

<p>False</p> Signup and view all the answers

Diochon et al.'s study revealed dimensions of overall human capital that are associated with success in starting a business.

<p>False</p> Signup and view all the answers

Davidsson and Honig's research with Swedish entrepreneurs concluded that education and professional experience are crucial for the formation of companies.

<p>False</p> Signup and view all the answers

Unger, Rauch, Frese, and Rosenbusch found a weak relationship between human capital and entrepreneurial success.

<p>False</p> Signup and view all the answers

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