Entrepreneurship research mainly focused on linear effects of human capital on venture performance, while recent publications have pointed towards non-linear effects. We investigate non-linear effects of both general and specific human capital on nascent venture performance. Based on data from PSED II, we study U-shaped relationships between general education, management, industry, and startup experience and nascent venture progress. We find that while general education, management experience, and startup experience have an inverse U-shaped relationship, industry experience has a U-shaped relationship with venture progress. Our findings have implications for theory and practice.
Language
English
HSG Classification
contribution to scientific community
HSG Profile Area
SoM - Business Innovation
Refereed
No
Book title
ACAD MANAGE PROC January 2015 (Meeting Abstract Supplement)
Publisher
Academy of Management (AOM)
Event Title
75th Academy of Management Annual Meeting (AOM) 2015 "Opening Governance"