Going it Alone or Working as Part of a Team: The Impact of Human Capital on Entrepreneurial Decision Making
This paper endeavours to measure the effect that human capital has on the decision taken by the entrepreneur to pursue new venture creation either in a lone capacity or collaboratively. Based on a survey of 130 entrepreneurs from 130 new ventures in Canary Island, Spain, this study applies a logit m...
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Universitat de Barcelona
2017-01-01
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Online Access: | http://revistes.ub.edu/index.php/JESB/article/view/17358 |
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doaj-43bcb71c0c8d498b87de67222658f8ff2020-11-24T21:56:14ZengUniversitat de BarcelonaJournal of Evolutionary Studies in Business2385-71372017-01-012120323110.1344/jesb2017.1.j02715443Going it Alone or Working as Part of a Team: The Impact of Human Capital on Entrepreneurial Decision MakingEsther Hormiga0Connie Hancock1Natalia Jaría2Universitat de BarcelonaUniversity of ChesterUniversitat de BarcelonaThis paper endeavours to measure the effect that human capital has on the decision taken by the entrepreneur to pursue new venture creation either in a lone capacity or collaboratively. Based on a survey of 130 entrepreneurs from 130 new ventures in Canary Island, Spain, this study applies a logit model to investigate the research relationships. The results show that three factors (experience, social perception and extrinsic motivation) are significant in the decision to initiate a new venture either in a lone capacity or as part of a collaborative undertaking. The results indicate that previous experience holds the greatest significance on the decision taken by entrepreneurs to ‘go it alone’, with factors relating to social perception and extrinsic motivation chiefly predicting a decision to work collaboratively. The findings of this study provide new insight and evidence with regard to the factors that influence a key decision in the start-up process: that of continuing in a lone capacity, or proceeding as part of an entrepreneurial team.http://revistes.ub.edu/index.php/JESB/article/view/17358Human capitalEntrepreneurial TeamEntrepreneurial DecisionLone Entrepreneurship |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Esther Hormiga Connie Hancock Natalia Jaría |
spellingShingle |
Esther Hormiga Connie Hancock Natalia Jaría Going it Alone or Working as Part of a Team: The Impact of Human Capital on Entrepreneurial Decision Making Journal of Evolutionary Studies in Business Human capital Entrepreneurial Team Entrepreneurial Decision Lone Entrepreneurship |
author_facet |
Esther Hormiga Connie Hancock Natalia Jaría |
author_sort |
Esther Hormiga |
title |
Going it Alone or Working as Part of a Team: The Impact of Human Capital on Entrepreneurial Decision Making |
title_short |
Going it Alone or Working as Part of a Team: The Impact of Human Capital on Entrepreneurial Decision Making |
title_full |
Going it Alone or Working as Part of a Team: The Impact of Human Capital on Entrepreneurial Decision Making |
title_fullStr |
Going it Alone or Working as Part of a Team: The Impact of Human Capital on Entrepreneurial Decision Making |
title_full_unstemmed |
Going it Alone or Working as Part of a Team: The Impact of Human Capital on Entrepreneurial Decision Making |
title_sort |
going it alone or working as part of a team: the impact of human capital on entrepreneurial decision making |
publisher |
Universitat de Barcelona |
series |
Journal of Evolutionary Studies in Business |
issn |
2385-7137 |
publishDate |
2017-01-01 |
description |
This paper endeavours to measure the effect that human capital has on the decision taken by the entrepreneur to pursue new venture creation either in a lone capacity or collaboratively. Based on a survey of 130 entrepreneurs from 130 new ventures in Canary Island, Spain, this study applies a logit model to investigate the research relationships. The results show that three factors (experience, social perception and extrinsic motivation) are significant in the decision to initiate a new venture either in a lone capacity or as part of a collaborative undertaking. The results indicate that previous experience holds the greatest significance on the decision taken by entrepreneurs to ‘go it alone’, with factors relating to social perception and extrinsic motivation chiefly predicting a decision to work collaboratively. The findings of this study provide new insight and evidence with regard to the factors that influence a key decision in the start-up process: that of continuing in a lone capacity, or proceeding as part of an entrepreneurial team. |
topic |
Human capital Entrepreneurial Team Entrepreneurial Decision Lone Entrepreneurship |
url |
http://revistes.ub.edu/index.php/JESB/article/view/17358 |
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