Human capital in the entrepreneurship ecosystem

Publikation: Forskning - peer reviewTidsskriftartikel

Abstrakt

Since Smith (1776) took consideration to human capital as an asset
of economic value, academic interest has focused on the economic effects of
human capital. In 1931, Schumpeter called for a focus on the individual
entrepreneur or the creative destructor with his/her motives, wishes, aspirations
and activities when dealing with entrepreneurship and entrepreneurs. Along
these lines, this paper focuses on an in-depth investigation of the domain of
human capital in Isenberg's entrepreneurship ecosystem. It captures the
entrepreneurial mindset of the highly complex individual as a requisite for
entrepreneurial success and ultimately, for business growth and development.
The increasing literature debating human capital confirms the relevance of
locating and refining the factors for entrepreneurial success. Consequently, this
paper improves the roadmap of entrepreneurship ecosystems by adding the
innate skills and conceptualising four generic archetypes, the local
entrepreneur, the global entrepreneur, the incremental entrepreneur, and the
radical entrepreneur, based on the combination of short/long education and
narrow/broad labour.
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Detaljer

Since Smith (1776) took consideration to human capital as an asset
of economic value, academic interest has focused on the economic effects of
human capital. In 1931, Schumpeter called for a focus on the individual
entrepreneur or the creative destructor with his/her motives, wishes, aspirations
and activities when dealing with entrepreneurship and entrepreneurs. Along
these lines, this paper focuses on an in-depth investigation of the domain of
human capital in Isenberg's entrepreneurship ecosystem. It captures the
entrepreneurial mindset of the highly complex individual as a requisite for
entrepreneurial success and ultimately, for business growth and development.
The increasing literature debating human capital confirms the relevance of
locating and refining the factors for entrepreneurial success. Consequently, this
paper improves the roadmap of entrepreneurship ecosystems by adding the
innate skills and conceptualising four generic archetypes, the local
entrepreneur, the global entrepreneur, the incremental entrepreneur, and the
radical entrepreneur, based on the combination of short/long education and
narrow/broad labour.
OriginalsprogEngelsk
TidsskriftInternational Journal of Entrepreneurship and Small Business
Antal sider19
ISSN1476-1297
StatusAccepteret/In press - 1 sep. 2017
ID: 262153917