Human Capital as a Source of Innovative and Growth-Oriented Entrepreneurship An Exploratory Study / Bayon, Manoj Chandra.

By: Bayon, Manoj Chandra
Material type: ArticleArticlePublisher: 2013Description: 136 - 145Subject(s): Growth Entrepreneurship | Gem | Innovation | Human Capital | Entrepreneurship-Perspectives And Practi | Entrepreneurship | Tenth Biennial Conference On Entrepreneu | Biennial Conference Papers In: Tenth Biennial Conference on EntrepreneurshipSummary: In this study we examine the role of human capital on the nature of entrepreneurial activities pursued in an economy. We suggest that to maximize expected utility, individuals with high actual human capital, those with higher education and labour market experience, seek greater compensation from entrepreneurship. This induces them to pursue forms of entrepreneurship that have the potential to maximize long term utility from their occupation choice decision. However, to deviate from a set career path and undertake the risk of entrepreneurship, such individuals need perceived human capital, the self-confidence that one
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Articles Articles Ahmedabad (HO)
(Browse shelf) Vol. , Issue. Available 019157

In this study we examine the role of human capital on the nature of entrepreneurial activities pursued in an economy. We suggest that to maximize expected utility, individuals with high actual human capital, those with higher education and labour market experience, seek greater compensation from entrepreneurship. This induces them to pursue forms of entrepreneurship that have the potential to maximize long term utility from their occupation choice decision. However, to deviate from a set career path and undertake the risk of entrepreneurship, such individuals need perceived human capital, the self-confidence that one

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