Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). (c) Oxford University Press, 2015. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy).

date: 21 November 2017

Abstract and Keywords

Entrepreneurship is about people in their roles as identifiers of opportunities and the exploiters of opportunities. Moreover, recent theories of opportunity have shed light on the role of knowledge, knowledge spillovers, human capital, agglomeration of knowledge, and similar spatial structures as being the key to entrepreneurship. This article focuses on the age of the establishment as measured by new-firm entry as the operational variable in entrepreneurship and discusses what variables are important in determining entry. The focus in this article is on the role of human capital as a barrier to entry and suggests that the lack of education is the greatest barrier to entry.

Keywords: start-ups, entry barriers, small-size firms, medium-size firms, population dynamics, human capital, entrepreneurship

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.