Where do entrepreneurial skills come from?

Michael Stuetzer, Martin Obschonka, Per Davidsson and Eva Schmitt-Rodermund

MPRA Paper from University Library of Munich, Germany

Abstract: Applying Lazear’s jack-of-all-trades theory we investigate the formation of entrepreneurial skills in two datasets on innovative new firms. Our results suggest that traditional human capital indicators individually have little or no influence on entrepreneurial skills. However, consistent with Lazaer’s theory those entrepreneurs who exhibit a varied set of work experience have higher entrepreneurial skills relevant for starting and growing a firm. This supports the notion that a varied set of work experiences rather than depth of any particular type of experience or education is important for the development of entrepreneurial skills.

Keywords: Entrepreneurial skills; jack-of-all trades; new venture creation; human capital (search for similar items in EconPapers)
JEL-codes: J24 L26 M13 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent, nep-ppm and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Published in Applied Economics Letters 12.20(2013): pp. 1183-1186

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Journal Article: Where do entrepreneurial skills come from? (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:48274

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