Journalartikel

Human capital and entrepreneurial success: A meta-analytical review


AutorenlisteUnger, Jens M.; Rauch, Andreas; Frese, Michael; Rosenbusch, Nina

Jahr der Veröffentlichung2011

Seiten341-358

ZeitschriftJournal of Business Venturing

Bandnummer26

Heftnummer3

ISSN0883-9026

eISSN1873-2003

Open Access StatusGreen

DOI Linkhttps://doi.org/10.1016/j.jbusvent.2009.09.004

VerlagElsevier


Abstract
The study meta-analytically integrates results from three decades of human capital research in entrepreneurship. Based on 70 independent samples (N = 24,733), we found a significant but small relationship between human capital and success (r(c) = .098). We examined theoretically derived moderators of this relationship referring to conceptualizations of human capital, to context, and to measurement of success. The relationship was higher for outcomes of human capital investments (knowledge/skills) than for human capital investments (education/experience), for human capital with high task-relatedness compared to low task-relatedness, for young businesses compared to old businesses, and for the dependent variable size compared to growth or profitability. Findings are relevant for practitioners (lenders, policy makers, educators) and for future research. Our findings show that future research should pursue moderator approaches to study the effects of human capital on success. Further, human capital is most important if it is task-related and if it consists of outcomes of human capital investments rather than human capital investments; this suggests that research should overcome a static view of human capital and should rather investigate the processes of learning, knowledge acquisition, and the transfer of knowledge to entrepreneurial tasks. (C) 2009 Elsevier Inc. All rights reserved.



Zitierstile

Harvard-ZitierstilUnger, J., Rauch, A., Frese, M. and Rosenbusch, N. (2011) Human capital and entrepreneurial success: A meta-analytical review, Journal of Business Venturing, 26(3), pp. 341-358. https://doi.org/10.1016/j.jbusvent.2009.09.004

APA-ZitierstilUnger, J., Rauch, A., Frese, M., & Rosenbusch, N. (2011). Human capital and entrepreneurial success: A meta-analytical review. Journal of Business Venturing. 26(3), 341-358. https://doi.org/10.1016/j.jbusvent.2009.09.004



Schlagwörter


BUSINESS OWNERSCOGNITIVE-ABILITYFIRMHuman capitalprediction modelRESOURCESSTRATEGY RESEARCH

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