Human capital in social and commercial entrepreneurship

Saul Estrin, Tomasz Mickiewicz and Ute Stephan

Journal of Business Venturing, 2016, vol. 31, issue 4, 449-467

Abstract: We advance research on human capital and entrepreneurial entry and posit that, in order to generate value, social entrepreneurship requires different configurations of human capital than commercial entrepreneurship. We develop a multilevel framework to analyse the commonalities and differences between social and commercial entrepreneurship, including the impact of general and specific human capital, of national context and its moderating effect on the human capital-entrepreneurship relationship. We find that specific entrepreneurial human capital is relatively more important in commercial entrepreneurship, and general human capital in social entrepreneurship, and that the effects of human capital depend on the rule of law.

Keywords: Human capital; Education; Commercial entrepreneurship; Social entrepreneurship; Institutions; Rule of law; Property rights; Global entrepreneurship monitor; Multi-level modelling (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (97)

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Working Paper: Human capital in social and commercial entrepreneurship (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbvent:v:31:y:2016:i:4:p:449-467

DOI: 10.1016/j.jbusvent.2016.05.003

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