Health as Human Capital in Entrepreneurship: Individual, Extension, and Substitution Effects on Entrepreneurial Success

Isabella Hatak, Haibo Zhou

    Research output: Journal PublicationArticlepeer-review

    18 Citations (Scopus)

    Abstract

    This study investigates how entrepreneurial health and spousal health influence monetary and non-monetary entrepreneurial success. Drawing on human capital theory in combination with a family embeddedness perspective on entrepreneurship and applying actor–partner interdependence models to longitudinal data, we conclude that overall spousal health constitutes an important extension of entrepreneurs’ human capital influencing entrepreneurial success. This study further contributes to human capital research by offering interesting insights and novel theorizing on substitution effects for different types of entrepreneurial human capital, and adds to a biological perspective on entrepreneurship by considering the differential role of biological sex in the health–success relationship.

    Original languageEnglish
    Pages (from-to)18-42
    Number of pages25
    JournalEntrepreneurship Theory and Practice
    Volume45
    Issue number1
    DOIs
    Publication statusPublished - Jan 2021

    Keywords

    • entrepreneurial health
    • entrepreneurial success
    • entrepreneurial well-being
    • human capital
    • spousal health

    ASJC Scopus subject areas

    • Business and International Management
    • Economics and Econometrics

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