From one to many: education, diversity, and international experience in habitual vs. one-time founders

IF 6.5 1区 经济学 Q1 BUSINESS Small Business Economics Pub Date : 2024-10-04 DOI:10.1007/s11187-024-00970-8
Francesca Sanguineti, Antonio Majocchi, Christian Lechner
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Abstract

What sets apart entrepreneurs who continuously start new businesses from those who stick with their first venture? This paper delves into the characteristics that distinguish habitual founders from one-time founders. Analyzing a dataset of over 5000 individuals, we combine the concepts of cognitive entrenchment and human capital theory to uncover the general and specific traits that increase the likelihood of becoming a habitual founder. Our findings suggest that a higher level of education, diverse professional backgrounds, and international experience increase the chances of becoming a habitual founder. By exploring the backgrounds of habitual entrepreneurs, this study provides valuable insights for supporting and promoting an entrepreneurial career.

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从一个到多个:惯常创始人与一次性创始人的教育、多样性和国际经验
不断创办新企业的创业者与坚持首次创业的创业者有何不同?本文深入探讨了习惯性创始人与一次性创始人的区别特征。通过分析一个包含 5000 多人的数据集,我们结合了认知巩固和人力资本理论的概念,揭示了增加成为习惯性创始人可能性的一般和特殊特征。我们的研究结果表明,较高的教育水平、多样化的专业背景和国际经验会增加成为习惯性创始人的几率。通过探索习惯性创业者的背景,本研究为支持和促进创业事业提供了宝贵的见解。
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来源期刊
CiteScore
14.10
自引率
9.40%
发文量
124
期刊介绍: Small Business Economics: An Entrepreneurship Journal (SBEJ) publishes original, rigorous theoretical and empirical research addressing all aspects of entrepreneurship and small business economics, with a special emphasis on the economic and societal relevance of research findings for scholars, practitioners and policy makers. SBEJ covers a broad scope of topics, ranging from the core themes of the entrepreneurial process and new venture creation to other topics like self-employment, family firms, small and medium-sized enterprises, innovative start-ups, and entrepreneurial finance. SBEJ welcomes scientific studies at different levels of analysis, including individuals (e.g. entrepreneurs'' characteristics and occupational choice), firms (e.g., firms’ life courses and performance, innovation, and global issues like digitization), macro level (e.g., institutions and public policies within local, regional, national and international contexts), as well as cross-level dynamics. As a leading entrepreneurship journal, SBEJ welcomes cross-disciplinary research. Officially cited as: Small Bus Econ
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