The Winner’s Curse of Human Capital

By Thomas Åstbro, I. Bernhardt. 2005

182 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/7f28cfc57cd948ea147b8d2069478256a6874eec

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Citations in the corpus

Entrepreneurs' human capital and the start-up size of new technology-based firms (2004, methodology): “For a similar result see Åstebro and Bernhardt 1999).”
Founders' human capital and the growth of new technology-based firms: A competence-based view (2005, background): “On the one hand, the human capital and the wealth of individuals are positively correlated (Xu, 1998; Astebro and Bernhardt, 1999).”
Does Founders' Human Capital Matter for Innovation? Evidence from Japanese Start‐ups (2015, background): “As Åstebro and Bernhardt (2005) pointed out, such founders can relax financial constraints that otherwise hinder firm performance.”
Entrepreneurial potential: The role of human and cultural capitals (2014, background): “Higher levels of education not only block risk-taking (Davidsson and Honig, 2003) but also provide higher opportunity costs in foregoing mainstream employment (Åstebro and Bernhardt, 2005).”
In search of complementary assets: The determinants of alliance formation of high-tech start-ups (2006, background): “For instance, Åstebro and Bernhardt (1999) while examining 986”
Access (Not) Denied: The Impact of Financial, Human, and Cultural Capital on Entrepreneurial Entryin the United States (2006, background): “In addition to financial resources, theoretical models of entrepreneurial attempts should include the role and impact of human capital characteristics (Åstebro and Bernhardt, 2005).”
Rural entrepreneurs and institutional assistance: an empirical study from mountainous Italy (2006, background): “Moreover, since entrepreneurs with a higher level of human capital tend to commit themselves to larger business projects (Astebro and Bernhardt 1999), the likelihood of them applying to some form of financial assistance is relatively higher.”
What is the value of entrepreneurship? A review of recent research (2007, unknown): “Does entrepreneurship require start-up capital that many people are not able to acquire (e.g., Astebro and Bernhardt 2005 )? Does entrepreneurship bring so much non-pecuniary benefits? These questions require more research.”
Why Are Black‐Owned Businesses Less Successful than White‐Owned Businesses? The Role of Families, Inheritances, and Business Human Capital (2007, methodology): “Using the 1987 CBO, Astebro and Bernhardt (2005) instead use instrumented household income as a proxy for household wealth and find a positive relationship between this variable and start-up capital when controlling for other owner and business characteristics.”
The Impact of Human and Social Capital on Entrepreneurs’ Knowledge of Finance Alternatives (2012, background): “Both effects explain why ventures established by entrepreneurs with higher human capital generally have less binding capital constraints (Astebro and Bernhardt 2005; Hsu 2007).”
Born to be alive? The survival of innovative and non-innovative French micro-start-ups (2014, background): “Financial variables, however, must also be taken into account because they play a role irrespective of human capital (Åstebro & Bernhardt, 2005).”