Abstract

The focus of the paper is on human capital as the key factor for the success and growth of a newly founded company. The findings suggest that investments in human capital have significant influence on the growth of start-ups. The results should lead universities, politicians as well as individuals to a better education for potential founders to generate more successful start-ups. The results are based on survey data for nearly 1.000 Ger man start-ups. The paper analyzes whether higher human capital of the founder leads to higher growth-rates among start-ups. Results show that companies started by a founder who invested heavily in his human capital generate higher growth rates in sales, jobs and income differences than start-ups founded by a less educated individual.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.