Search Results

Author: Blume, Brian D.
Resulting in 1 citation.
1. Blume, Brian D.
Differentiating the Effects of Entrepreneurs' Intelligence and Educational Attainment on Venture Outcomes
International Journal of Entrepreneurial Behavior and Research 25,3 (2019): 518-537.
Also: https://emeraldinsight.com/doi/full/10.1108/IJEBR-12-2017-0507
Cohort(s): NLSY79
Publisher: Emerald
Keyword(s): Armed Forces Qualifications Test (AFQT); Educational Attainment; Entrepreneurship; Intelligence

Permission to reprint the abstract has not been received from the publisher.

Purpose: Intelligence or general mental ability (GMA) is a strong predictor of job performance across most occupations, and educational attainment has been shown to be a predictor of entrepreneurial outcomes. However, there has been little research examining the simultaneous effects of entrepreneurs' GMA and educational attainment on their venture outcomes. The purpose of this paper is to examine the impact of these human capital resources on venture performance and survival.

Design/methodology/approach: Using a sample of 234 self-employed entrepreneurs from a longitudinal database, regression analysis was employed to examine the predictors of venture performance. A hazard model was utilized to assess venture survival.

Findings: Entrepreneurs' intelligence influenced venture performance directly and indirectly via educational attainment. Entrepreneurs with higher GMA were subsequently able to obtain more education, and GMA had an indirect, positive influence on venture performance through this additional educational attainment. Findings also demonstrated an inverted-U, curvilinear effect on venture survival for GMA and educational attainment. This indicates that both intelligence and educational attainment should be considered when examining how likely entrepreneurs are to persist or survive in their ventures.

Bibliography Citation
Blume, Brian D. "Differentiating the Effects of Entrepreneurs' Intelligence and Educational Attainment on Venture Outcomes." International Journal of Entrepreneurial Behavior and Research 25,3 (2019): 518-537.