Serial entrepreneurship: impact of human capital on time to re-entry |
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Authors: | A Miguel Amaral Rui Baptista Francisco Lima |
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Institution: | 1.Department of Engineering and Management and IN+ Center for Innovation, Technology, and Policy Research, Instituto Superior Técnico,Technical University of Lisbon,Lisbon,Portugal;2.Department of Engineering and Management and CEG-IST, Instituto Superior Técnico,Technical University of Lisbon,Lisbon,Portugal |
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Abstract: | This study uses a longitudinal matched employer–employee database to examine how ex-entrepreneurs’ levels of general and specific
human capital influence their likelihood of re-entering entrepreneurship over time, in a different firm, thereby becoming
serial entrepreneurs. The results reveal a negative effect of general human capital on the hazard of becoming a serial entrepreneur;
the impact of entrepreneurial-specific human capital on the hazard of re-entering entrepreneurship is in general positive.
This research provides a dynamic approach to serial entrepreneurship revealing that specific types of human capital play distinct
roles on individuals’ entrepreneurial behavior. |
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Keywords: | |
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