The Value of Human and Social Capital Investments for the Business Performance of Startups

  • Bosma N
  • Van Praag C
  • Thurik R
 et al. 
  • 1


    Mendeley users who have this article in their library.
  • N/A


    Citations of this article.


We investigate the manifold posed question: "To what extent does investment in human and social capital, besides the effect of 'talent', enhance entrepreneurial perfor- mance?" We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the empirical analysis of a rich Dutch longitudinal data set of firm founders, we conclude that specific invest- ments indeed affect the three performance measures substan- tially and significantly. Specific attention is paid to the unobserved talent bias. Moreover, the effect of the emergence of so called "knowledge industries" is explored.

Get free article suggestions today

Mendeley saves you time finding and organizing research

Sign up here
Already have an account ?Sign in

Find this document

There are no full text links


  • Niels Bosma

  • C. Mirjam Van Praag

  • Roy Thurik

  • Gerrit de Wit

Cite this document

Choose a citation style from the tabs below

Save time finding and organizing research with Mendeley

Sign up for free