How do human capital and pro-market institutions shape ambitious entrepreneurship in good and crisis times?
Scholars and policymakers have highlighted the positive impact of human capital on entrepreneurial activity. Vast attention has also been directed to the beneficial role of pro-market institutions for entrepreneurship. A new article published in the Strategic Entrepreneurship Journal shows that the positive relation between pro-market institutions and growth aspirations is weaker for entrepreneurs with general human capital (higher education), but stronger for those with specific human capital (start-up or investment experience). ...
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