“…The former refers to overall knowledge (education and experience) and the later indicates specific knowledge about a particular activity (Dimov, 2010). The broad concept of human capital covers many items such as education, skills, knowledge and experience (Wood and McKelvie, 2015; Wood and Williams, 2014; Valliere, 2008), social networks (Cox, 2014; Urban, 2014; Fuentes et al , 2010), personal characteristics (Urban, 2014; Díaz De Leó and Guild, 2003), cognitive and metacognitive abilities (Williams and Wood, 2015; Valliere, 2013; Barreto, 2012; Bryant, 2007; Mitchell and Shepherd, 2010). It also includes intellectual honesty (Spinelli and Adams, 2012), intellectual capital (Lee and Venkataraman, 2006), learnings (Lumpkin and Bergmann Lichtenstein, 2005) and entrepreneurial team’s quality (Argerich et al , 2013; Murnieks et al , 2011).…”