Do the human and social capital of startups matter for initial hiring decisions and survival? An empirical application to the Portuguese entrepreneurial ecosystem

Dina Pereira and João Leitão

Chapter 14 in Research Handbook on Entrepreneurial Ecosystems, 2024, pp 294-318 from Edward Elgar Publishing

Abstract: The development of complex networks of new initiatives focused on entrepreneurship and innovation is considered critical to ensuring competitive teams, startup survival and the growth of entrepreneurial ecosystems. This requires an in-depth understanding of the roles of founders’ human capital (education, training and experience) and social capital (relationships) in influencing the composition and performance of startups established in the context of entrepreneurial ecosystems. This chapter examines the impact of startups’ human and social capital on initial hiring decisions and survival, indicating that higher levels of education and experience are critical for survival in science-based startups and specialised suppliers. Prior co-working experience and having worked in the same location are associated with a lower firm risk for science-based businesses. Taking as reference the entrepreneurial ecosystem framework, co-location, previous social relationships and networks all reduce firm hazard.

Keywords: Business and Management; Development Studies; Economics and Finance; Innovations and Technology; Politics and Public Policy (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781800378988.00022 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:20352_14

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().