Human Capital of Entrepreneurs and the Performance of Returning Home Ventures——An Analysis Based on Survey Data of 2,139 Returning Entrepreneurial Enterprises
Human Capital of Entrepreneurs and the Performance of Returning Home Ventures——An Analysis Based on Survey Data of 2,139 Returning Entrepreneurial Enterprises
WANG Yi1, DING Li1, LIU Na2
1. School of Economics, Beijing Technology and Business University, Beijing 100048, China; 2. School of Business, Shanghai College of Electrical Engineering, Shanghai 200240, China
Abstract Based on the survey data of 2139 start-ups collected in 2019, this paper studies the effect of human capital on the performance of start-ups. The results show that: On the whole, the entrepreneur’s education, training, health status and work or occupation have significant positive effects on the business performance. Among the different types of home-going start-ups, the educational level, the post of going out for work or starting a business have significant positive influence on the business performance of the start-up; Entrepreneurial Training can significantly improve the business performance of the development-type Home Entrepreneurial Enterprises, physical health has a significant impact on the survival-type and value-type entrepreneurial performance. Further study found that education level, job or entrepreneurial position, entrepreneurial training has a significant positive impact on the business performance of home-based entrepreneurial enterprises in central and western regions; Entrepreneurial Training and physical health had a significant positive impact on business performance in the secondary sector of the economy and mid and low end service industries. Based on the above conclusions, it is suggested that local governments should formulate policies to strengthen the training for returning home to start-up businesses, especially the technical training for start-up enterprises in the central and western regions.
WANG Yi,DING Li,LIU Na. Human Capital of Entrepreneurs and the Performance of Returning Home Ventures——An Analysis Based on Survey Data of 2,139 Returning Entrepreneurial Enterprises. Economic Survey, 2020, 37(6): 028.
2020, Vol. 37 
