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    Entrepreneurs’ human capital and growth aspirations: the moderating role of regional entrepreneurial culture

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    202_Capelleras_EntrepreneursHuman.pdf (603.3Kb)
    Date
    2019
    Author
    Capelleras Segura, Joan Lluís 
    Contín Pilart, Ignacio Upna Orcid
    Larraza Kintana, Martín Upna Orcid
    Martín Sánchez, Víctor 
    Version
    Acceso abierto / Sarbide irekia
    Type
    Artículo / Artikulua
    Version
    Versión aceptada / Onetsi den bertsioa
    Project Identifier
    ES/1PE/ECO2013-46954 
    ES/1PE/ECO2013-48496 
    Impact
     
     
     
    10.1007/s11187-017-9985-0
     
     
     
    Show full item record
    Abstract
    This paper investigates the impact of entrepreneurs’ human capital on their growth aspirations and the moderating role of regional entrepreneurial culture in this relationship. Based on human capital theory, we argue that growth aspirations will be higher for individuals with higher educational attainment and lower for those with prior entrepreneurial experience. Drawing on an institutional persp ... [++]
    This paper investigates the impact of entrepreneurs’ human capital on their growth aspirations and the moderating role of regional entrepreneurial culture in this relationship. Based on human capital theory, we argue that growth aspirations will be higher for individuals with higher educational attainment and lower for those with prior entrepreneurial experience. Drawing on an institutional perspective, we also suggest that regional social acceptance of entrepreneurship and entrepreneurial role models will positively moderate these effects. Using data that combines individual and province level information in Spain over the period 2008–2014, we find support for the differential effect of formal education and entrepreneurial experience. The results also show that both social approval of entrepreneurship and role models tend to increase the growth aspirations of experienced entrepreneurs, whereas aspirations of the more educated ones are only affected by the presence of role models. Implications from the findings are discussed. [--]
    Subject
    Early-stage entrepreneurship, Global Entrepreneurship Monitor, Growth aspirations, Human capital, Regional entrepreneurial culture
     
    Publisher
    Springer
    Published in
    Small Business Economics, 52 (1), 3-25
    Departament
    Universidad Pública de Navarra. Departamento de Gestión de Empresas / Nafarroako Unibertsitate Publikoa. Enpresen Kudeaketa Saila / Universidad Pública de Navarra / Nafarroako Unibertsitate Publikoa. Inarbe - Institute for Advanced Research in Business and Economics
     
    Publisher version
    https://doi.org/10.1007/s11187-017-9985-0
    URI
    https://hdl.handle.net/2454/35273
    Sponsorship
    The authors acknowledge financial support from projects ECO2013-46954-C3-1-R, ECO2013-46954-C3-2-R, ECO2013-48496-C4-2-R and ECO2013-48496-C4-4-R (Spanish Ministry of Science and Innovation).
    Appears in Collections
    • Artículos de revista - Aldizkari artikuluak [4202]
    • Artículos de revista DGE - EKS Aldizkari artikuluak [211]
    • Artículos de revista INARBE - INARBE aldizkari artikuluak [113]
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