Human capital in social and commercial entrepreneurship

By Saul Estrin, Tomasz Mickiewicz, Ute Stephan. 2016

391 citations recorded by the source corpus.

We advance research on human capital and entrepreneurial entry and posit that, in order to generate value, social entrepreneurship requires different configurations of human capital than commercial entrepreneurship. We develop a multilevel framework to analyse the commonalities and differences between social and commercial entrepreneurship, including the impact of general and specific human capital, of national context and its moderating effect on the human capital-entrepreneurship relationship. We find that specific entrepreneurial human capital is relatively more important in commercial entrepreneurship, and general human capital in social entrepreneurship, and that the effects of human capital depend on the rule of law.

Subfields: Business and International Management, Management of Technology and Innovation, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/986e2e8f1bf13a07c500c16d94c1f753065080ec

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In Business and International Management

In Management of Technology and Innovation

In Organizational Behavior and Human Resource Management

Citations in the corpus

Individual capital and social entrepreneurship: Role of formal institutions (2020, methodology): “control for per capita GDP, the growth rate of GDP, unemployment, and government spending (as ratio of GDP) (Aidis, Estrin, & Mickiewicz, 2010; Autio & Acs, 2010; De Clercq et al., 2013; Estrin et al., 2016).”
Entrepreneurs’ human capital and growth aspirations: the moderating role of regional entrepreneurial culture (2019, methodology): “However, these authors focused solely on general human capital, namely formal education, leaving unstudied the influence of a major source of specific human capital: prior entrepreneurial experience (Estrin et al. 2016; Wiklund and Shepherd 2003).”
Women entrepreneurship in developing economies: A gender-based growth model (2021, background): “…higher education (university degree or equivalent) enhances problem-solving skills and cognitive abilities and improves efficiency within their workforce (cf., Bendell et al., 2019; Devine et al., 2019; Estrin et al., 2016; Marvel et al., 2016; Pergelova et al., 2019; Santarelli & Tran, 2013).”
Social entrepreneurship research: A review and future research agenda (2020, background): “Between for-profit and not-for profit SEs, not-for profit SEs stand a better chance than for-profit SEs to raise investments because they serve a very large market through offering a broader social good at their core (Estrin et al., 2016).”
Generic and Specific Skills as Components of Human Capital: New Challenges for Education Theory and Practice (2019, background): “Experts in this field are more and more likely to view agency as a value in itself, not reducible to other skills or components of human capital [Estrin et al., 2016; Bosio et al., 2018].”
Entrepreneurs and innovation: The contingent role of institutional factors (2018, background): “Regarding human capital, our approach draws on the distinction between general and specific human capital (Becker, 1964), with general skills being typically acquired through formal education and specific skills via experience (Estrin et al., 2016).”
The Effect of Experiential Social Entrepreneurship Education on Intention Formation in Students (2018, background): “Estrin, Mickiewicz, and Stephan (2016) point towards the socializing effects of education that can impact an individual’s moral values.”
Values Matter, Don’t They? – Combining Theory of Planned Behavior and Personal Values as Predictors of Social Entrepreneurial Intention (2018, background): “Comparing social and commercial entrepreneurs, Estrin, Mickiewicz, and Stephan (2016) point out that even though both rely on similar entrepreneurial skills and knowledge, social entrepreneurs require additional sets of abilities and knowledge for the identification and exploitation of…”