The Impact of Human Capital on Entrepreneurship and Entrepreneurial Outcomes

Sinha, Kanhaiya Kumar

The Impact of Human Capital on Entrepreneurship and Entrepreneurial Outcomes

dc.contributor.advisor	Dewald, Jim R.
dc.contributor.advisor	Saunders, W. Chad
dc.contributor.author	Sinha, Kanhaiya Kumar
dc.contributor.committeemember	Keyhani, Mohammad
dc.contributor.committeemember	Kwon, Seok-Woo
dc.contributor.committeemember	Kline, Theresa
dc.contributor.committeemember	Yuan, Wenlong
dc.date	2019-11
dc.date.accessioned	2019-06-12T17:22:40Z
dc.date.available	2019-06-12T17:22:40Z
dc.date.issued	2019-06-11
dc.description.abstract	In the extant literature, innovativeness, opportunity identification, and performance of the firm are considered to be independently affected by the human capital (i.e., knowledge, skills, and experience) and entrepreneurship. The view that entrepreneurship involves both opportunity and people has led to the call from scholars to look at entrepreneurship in conjunction with human capital to better explain the firm’s growth. Acknowledging this need, the three studies in this thesis explore the relationship between human capital and its impact on entrepreneurship and entrepreneurial outcomes. Chapter 2 of the thesis examines the underlying similarities and complementarities of human capital and entrepreneurship by studying the relationship between learning orientation and entrepreneurial orientation. Using a meta-analysis methodology, this study finds a fairly high correlation of 0.44 between learning and entrepreneurial orientations. The findings indicate that these two orientations have a combinative impact on firm performance, with a combined ability to explain as high as 38% of performance variance. Chapter 3, taking a process view, studies the relationship between human capital and innovation as an essential component of entrepreneurship. The study theorizes and tests the novel idea that learning across the organization (i.e., learning breadth) is associated with organization-wide innovation (i.e., innovation breadth) which in turn impacts performance. Using ordinary Least squares moderated regression, the study demonstrates a curvilinear relationship between learning breadth and innovation breadth. Further, past venture experience of the firm’s leadership moderates this relationship, while innovation breadth is positively related to business performance. The findings highlight the breadth of the innovations as an important extension of inquiry in addition to consideration of a single or dominant type of innovation. Drawing on the insights of the behavioral theory of the firm, Chapter 4 argues that human capital of founders, apart from being associated with the mean performance of new ventures, is also associated with performance variability. The estimated multiplicative heteroscedasticity regression model reveals that (i) past venture experience positively affects firm growth without affecting the variability, (ii) team industry work experience and education increase variability without affecting the mean, and (iii) the age of team members and the ratio of native-born owners hurt the firm’s growth and have a positive effect on variability. Finally, Chapter 5 provides a synthesis across the three essays to demonstrate three interrelated but little explored aspects of human capital and its impact on entrepreneurship and entrepreneurial outcomes.	en_US
dc.identifier.citation	Sinha, K. K. (2019). The Impact of Human Capital on Entrepreneurship and Entrepreneurial Outcomes (Doctoral thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca.	en_US
dc.identifier.doi	http://dx.doi.org/10.11575/PRISM/36633
dc.identifier.uri	http://hdl.handle.net/1880/110492
dc.publisher.faculty	Haskayne School of Business	en_US
dc.publisher.institution	University of Calgary	en
dc.rights	University of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.	en_US
dc.subject	Entrepreneurship	en_US
dc.subject	Human Capital	en_US
dc.subject	Learning Orientation	en_US
dc.subject	Entrepreneurial Orientation	en_US
dc.subject	Innovation Breadth	en_US
dc.subject	Performance Variability	en_US
dc.subject	Past Venture Experience	en_US
dc.subject.classification	Business Administration--Management	en_US
dc.title	The Impact of Human Capital on Entrepreneurship and Entrepreneurial Outcomes	en_US
dc.type	doctoral thesis	en_US
thesis.degree.discipline	Haskayne School of Business: Management	en_US
thesis.degree.grantor	University of Calgary	en_US
thesis.degree.name	Doctor of Philosophy (PhD)	en_US
ucalgary.item.requestcopy	true