The purpose of this paper is to analyze the role of universities and other institutions in successful entrepreneurship. Insights are obtained following a literature review approach. Case studies from the United States (New York startup), Spain (Mondragon), and Germany provide strong evidence that universities are very instrumental in the creation,…

The rise during the 1950s of a discourse centred on "development," together with the elaboration of the concept of "human capital," led to an altogether new paradigm of economic modernisation. The expansion of education and professional training was now viewed as a key strategy for those countries wishing to join the developed…

Purpose: The purpose of this paper is to understand why high-skilled immigrants from a developing country (Colombia) are returning to their home country to create businesses instead of starting up in their host country (Spain). Design/methodology/approach: A case study methodology was used to present the experiences of three high-skilled…

In this article, in a context of wage equations with sample selection, we propose a novel interpretation of the partial effects linked to education as additional measures of returns to education that complement the traditional one, which is directly obtained from the estimation of the wage offer equation. Using European Household Panel data for…