01396nas a2200169   4500008004100000022001400041245013300055210006900188260004200257300000900299490000600308520083200314653000901146100001601155700001701171856003801188       2019                        eng d  a1927-032100aHuman Capital, Its Constituents, and Entrepreneurial Innovation: A Multi-Level Modelling of Global Entrepreneurship Monitor Data0 aHuman Capital Its Constituents and Entrepreneurial Innovation A   aOttawabTalent First Networkc08/2019  a5-170 v93 aIn this study, we use multi-level modelling to analyze data of over 200,000 businesses in 96 countries to explain the failure of previous research to extend human capital theory to innovation. We trace this failure to, previously overlooked, conflicting influences of education and experience, the two key constituents of human capital that are often used in research as innovation antecedents and present a conceptual and empirical case against the use of work experience as a constituent of human capital. Our hierarchical exploration of innovation antecedents shows that, at the individual level, being young and recently educated are significant predictors of innovation whereas, at the societal level, national wealth dampens the negative effect of age on innovation and accentuates the positive effect of education on it.10aage,1 aVyas, Vijay1 aVyas, Renuka  uhttps://timreview.ca/article/1257