Entrepreneurial motives and performance: Why might better educated entrepreneurs be less successful?

Arnab Bhattacharjee, Jean Bonnet, Nicolas Le Pape, Regis Renault

    Research output: Working paper

    154 Downloads (Pure)

    Abstract

    In a sample of newly created French …firms, the impact of an entrepreneur’s education
    on the …firm’s survival varies widely depending on his previous labor market situation.
    While it is strongly positive for the overall population, it is much weaker or insignificant for entrepreneurs who were previously unemployed or poorly matched. Our theoretical entrepreneurship model shows that these differences may be attributed to differences in unobserved human capital for better educated entrepreneurs across different initial states in the labor market. Empirical results are consistent with the theory if employers have limited information about potential entrepreneurs’' human capital.
    Original languageEnglish
    Place of PublicationParis
    PublisherTravail, Emploi et Politiques Publiques
    Number of pages54
    Publication statusPublished - 2010

    Publication series

    NameTEPP Working Papers
    PublisherTEPP
    No.2010-9
    ISSN (Print)2110-5472

    Keywords

    • entrepreneurial choice
    • labour market
    • Human capital
    • firm survival

    Fingerprint Dive into the research topics of 'Entrepreneurial motives and performance: Why might better educated entrepreneurs be less successful?'. Together they form a unique fingerprint.

  • Cite this

    Bhattacharjee, A., Bonnet, J., Le Pape, N., & Renault, R. (2010). Entrepreneurial motives and performance: Why might better educated entrepreneurs be less successful? (TEPP Working Papers; No. 2010-9). Travail, Emploi et Politiques Publiques. http://ideas.repec.org/p/tep/teppwp/wp1009.html