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Source: Research Institute of Industrial Economics (IFN)
Resulting in 1 citation.
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Asoni, Andrea |
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Intelligence, Self-confidence and Entrepreneurship Working Paper No. 887. Research Institute of Industrial Economics, October 2011. Also, http://www.ifn.se/eng/publications/wp/2011_4/887 Cohort(s): NLSY79 Publisher: Research Institute of Industrial Economics (IFN) Keyword(s): College Education; Entrepreneurship; Human Capital; Intelligence Permission to reprint the abstract has not been received from the publisher. I investigate the effect of human capital on entrepreneurship using the National Longitudinal Survey of Youth-1979. I find that individuals with higher measured intelligence and self-confidence are more likely to be entrepreneurs. Furthermore I present evidence suggesting that intelligence and self-confidence affect business ownership through two different channels: intelligence increases business survival while self-confidence increases business creation. Finally, once we control for intelligence and self-confidence the effect of formal college education almost completely vanishes. These results are robust to controlling for selection into entrepreneurship and selection into college. |
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Bibliography Citation
Asoni, Andrea. "Intelligence, Self-confidence and Entrepreneurship." Working Paper No. 887. Research Institute of Industrial Economics, October 2011. Also, http://www.ifn.se/eng/publications/wp/2011_4/887. |