Investing in Our Young People

Cunha, Flávio; Heckman, James J.

doi:10.1017/cbo9780511762666.021

Cited by 67 publications

(87 citation statements)

References 43 publications

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“…(Witt, 2001, p. 28). Cognitive and non-cognitive learning reinforce each other (Witt, 2001, p. 30 andCunha andHeckman, 2010). For example, and in line with Witt's reasoning, it may be possible to acquire a want for Iphone applications without knowing much about them.…”

Section: In the Theory Of Economic Growth Little Notice Is Usually Tamentioning

confidence: 91%

The value of an educated population for an individual's entrepreneurship success

Millán

Congregado

Román

et al. 2014

Journal of Business Venturing

107

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The value of an educated population for an individual's entrepreneurship success Millán, J.M.; Congregado, E.; Román, C.; van Praag, C.M.; van Stel, A.J. Link to publication Citation for published version (APA):Millán, J. M., Congregado, E., Román, C., van Praag, M., & van Stel, A. (2011). The value of an educated population for an individual's entrepreneurship success. (Tinbergen Institute discussion paper; No. TI2011-065/3). Amsterdam/Rotterdam: Tinbergen Institute. General rightsIt is not permitted to download or to forward/distribute the text or part of it without the consent of the author(s) and/or copyright holder(s), other than for strictly personal, individual use, unless the work is under an open content license (like Creative Commons). Disclaimer/Complaints regulationsIf you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library: http://uba.uva.nl/en/contact, or a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible. Abstract:Human capital obtained through education has been shown to be one of the strongest drivers of entrepreneurship performance. The entrepreneur's human capital is, though, only one of the input factors into the production process of her venture. The value of other input factors, such as (knowledge) capital and labor is likely to be affected by the education level of the possible stakeholders in the entrepreneur's venture. The education distribution of the (local) population may thus shape the supply function of the entrepreneur. Likewise, the demand function faced by the entrepreneur is also likely to be shaped by the taste, sophistication and thus the education level of the population in their role as consumers. In other words, a population with a higher education level may be associated with (i) a working population of higher quality; (ii) more and/or higher quality universities with a positive effect on research and development (R&D) and knowledge spillovers leading to more high tech and innovative ventures; and finally, (iii) a more sophisticated consumer market. Based on this, we formulate the following proposition: The performance of an entrepreneur is not only affected positively by her own education level but in addition, also by the education level of the population. We test this proposition using an eight years (1994)(1995)(1996)(1997)(1998)(1999)(2000)(2001) panel of labor market participants in the EU-15 countries from which we select individuals who have been observed as entrepreneurs. We find strong support for a positive relationship between enrolment rates in tertiary education in country j and year t and several measures of the performance of individual entrepreneurs in that same country and year, including survival and the prob...

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Section: In the Theory Of Economic Growth Little Notice Is Usually Tamentioning

confidence: 91%

The value of an educated population for an individual's entrepreneurship success

Millán

Congregado

Román

et al. 2014

Journal of Business Venturing

107

View full text Add to dashboard Cite

show abstract

“…This specific intergenerational relationship has not been studied so far, but is especially important for countries where formal qualifications increasingly predict labor market outcomes. Specifically analyzing the determinants of educational outcomes at relatively young age is crucial in this respect since capability formation in the early childhood plays an important role in subsequent educational development (Cunha and Heckman, 2010). This is especially true in the case of Germany in view of its early tracking system (Dustmann, 2004).…”

Section: Introductionmentioning

confidence: 99%

Parental ethnic identity and educational attainment of second-generation immigrants

Schüller

2015

J Popul Econ

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Abstract.With growing population shares of second generation immigrants in most Western European countries, the question as to how well they integrate into educational and labor market structures has received critical importance. This paper provides a first attempt to analyze the intergenerational relationship between parental ethnic identity and educational attainment of second generation youth. Results indicate that immigrant children's educational performance benefits from mothers' identification with the majority culture. With respect to fathers, it is in contrast the affiliation to the ethnic minority culture which is positively associated with the child's educational attainment.

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“…First, the absence of a relationship between institutional selectivity and student performance ties in well with the growing body of economics literature that emphasizes the importance of early as opposed to late child investments (Cunha and Heckman, 2010). Within this context, university selectivity policies are a form of late (and arguably small) investments, which are thus likely to have little salience on the accumulation of skill formation, especially if they have not been preceded by earlier crucial investments.…”

Section: Discussionmentioning

confidence: 87%

Student performance may not improve when universities are choosier

Francesconi

Aina

Cappellari

2011

Evaluation & Research in Education

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. We use unique administrative data from a leading Italian University to estimate whether the use of admission tests and conditional progression schemes are effective strategies to select high-performing students. Previous work has mainly focused on the effect of selectivity policies on widening university access by individuals from ethnic minorities and disadvantaged background. Terms of use: Documents in EconStor mayJEL-Code: I21.

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Investing in Our Young People

Cited by 67 publications

References 43 publications

The value of an educated population for an individual's entrepreneurship success

The value of an educated population for an individual's entrepreneurship success

Parental ethnic identity and educational attainment of second-generation immigrants

Student performance may not improve when universities are choosier

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