Munich Personal RePEc Archive

Do balanced skills help nascent entrepreneurs to make progress in the venture creation process?

Stuetzer, Michael and Goethner, Maximilian and Cantner, Uwe (2012): Do balanced skills help nascent entrepreneurs to make progress in the venture creation process? Published in: Economics Letters , Vol. 117, No. 1 (1. May 2012): pp. 186-188.

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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.

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