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Does Human Capital Impact Differently the Opportunity Perception and the Business Creation? The Case of Spain

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Entrepreneurship, Human Capital, and Regional Development

Part of the book series: International Studies in Entrepreneurship ((ISEN,volume 31))

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Abstract

The current study analyzes how Spaniard’s general/specific human capital influences their likelihood of perceiving entrepreneurial opportunities and creating a business. The analysis pivots around the comparison of two processes which are part of entrepreneurship. Data from the Spanish Global Entrepreneurship Monitor—GEM of 2008 are used. Logistic regression analysis is performed to test several theoretical hypotheses. Findings revealed that general human capital such as education is not significant for both perceiving entrepreneurial opportunities and creating a business. However, work experience, managerial business, and entrepreneurial training are positively significant to perceive entrepreneurial opportunities and to create a business. This research reveals that specific types of human capital play different roles in entrepreneurship. The contribution of this paper is to compare how the human capital influences upon two processes of entrepreneurship.

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Acknowledgments

I thank Professor Yancy Vaillant for providing me the Spanish Global Monitor Entrepreneurship data.

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Authors and Affiliations

  1. Business Economics Department, Autonomous University of Barcelona, Edificio B Campus de la UAB, CP. 08193, Bellaterra (Cerdanyola del Valles), Barcelona, Spain

    Rocío Aliaga-Isla

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  1. Rocío Aliaga-Isla
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Correspondence to Rocío Aliaga-Isla .

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Editors and Affiliations

  1. International Entrepreneurship, CEG-IST, Universidade de Lisboa, Portugal, and Brunel Business School, Brunel University, Uxbridge, Middlesex, United Kingdom

    Rui Baptista

  2. Department of Management and Economics, School of Social and Human Sciences and The Centre for Management Studies of Instituto Superior Técnico (CEG-IST), University of Beira Interior and University of Lisbon, Covilhã, Portugal

    João Leitão

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Aliaga-Isla, R. (2015). Does Human Capital Impact Differently the Opportunity Perception and the Business Creation? The Case of Spain. In: Baptista, R., Leitão, J. (eds) Entrepreneurship, Human Capital, and Regional Development. International Studies in Entrepreneurship, vol 31. Springer, Cham. https://doi.org/10.1007/978-3-319-12871-9_10

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