Entrepreneurial Human Capital

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dc.contributor.author	Iversen, Jens
dc.contributor.author	Malchow-Møller, Nikolaj
dc.contributor.author	Sørensen, Anders
dc.date.accessioned	2009-12-18
dc.date.accessioned	2009-12-18T16:02:24Z
dc.date.available	2009-12-18T16:02:24Z
dc.date.issued	2009-12-18
dc.identifier.uri	http://hdl.handle.net/10398/7990
dc.description.abstract	We argue that formal schooling and wage-work experience are complementary types of human capital for entrepreneurs. Strong empirical support is found for this hypothesis as the interaction term between schooling and actual wage-work experience enters positively and significantly in a Mincer equation, whereas the effect of schooling in the absence of wage-work experience is insignificant. These results are extremely robust towards more flexible specifications, including fixed-effects estimations dealing with unobserved heterogeneity. For wage workers, the interaction term is negligible, confirming that the complementarity is a distinct characteristic of entrepreneurial human capital.	en_US
dc.format.extent	35 s.	en_US
dc.language	eng	en_US
dc.publisher	Centre for Economic and Business Research	en_US
dc.subject.other	Schooling	en_US
dc.subject.other	experience	en_US
dc.subject.other	complementarity	en_US
dc.subject.other	entrepreneurs	en_US
dc.title	Entrepreneurial Human Capital	en_US
dc.type	wp	en_US
dc.accessionstatus	modt09dec18	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Centre for Economic and Business Research	en_US
dc.contributor.departmentshort	CEBR	en_US
dc.contributor.departmentuk	Centre for Economic and Business Research	en_US
dc.contributor.departmentukshort	CEBR	en_US
dc.idnumber	x656600097	en_US
dc.publisher.city	Frederiksberg	en_US
dc.publisher.year	2009	en_US