Too much of two good things advanced and diverse knowledge effects on startups performance

As founders represent the main workforce of startups, the impact of their education composition is crucial for startup performance. The fragmentation and variance of the findings of previous research suggests that relationship such debate disentangling different dimensions of education and assessing the following research question: Do education level and heterogeneity affect start-up expected performance? The empirical results that we obtained on a sample of 1099 start-ups support our analytical framework. In so doing, this paper makes an important contribution to research on the relationship between education and start-up expected performance by providing an explanation that reconciles opposing views of greater education level and heterogeneity. In so doing we respond to the call of further analysis of the interplay about length of education and background heterogeneity that was highlighted by previous studies. In addition, we provide start-uppers and policymakers indications of which group composition is able to positively influence expected performance and in turn funds collected.