Abstract
We analyze longitudinal data on innovative start-up projects and apply Lazear's jack-of-all-trades theory to investigate the effect of nascent entrepreneurs' balanced skills on their progress in the venture creation process. Our results suggest that those nascent entrepreneurs who exhibit a sufficiently broad set of skills undertake more gestation activities towards an operational new venture. This supports the notion that a balanced skill set is an important determinant of entrepreneurial market entry.
Original language | English |
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Pages (from-to) | 186-188 |
Number of pages | 3 |
Journal | Economics letters |
Volume | 117 |
Issue number | 1 |
DOIs | |
Publication status | Published - Oct 2012 |
Externally published | Yes |
Keywords
- Nascent entrepreneurship
- Balanced skills
- New venture creation
- n/a OA procedure