print logo
­

Entrepreneurship: Origins and Returns

Sammendrag

We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self-employment, but also employment in partly self-owned limited liability companies. Based on this extended entrepreneurship concept, we find that entrepreneurship tends to be profitable. It also raises income variability, but the most successful quartile gains much more than the least successful quartile loses. Key determinants of the decision to become an entrepreneur are occupational qualifications, family resources, gender, and work environments. Individual unemployment encourages, while aggregate unemployment discourages, entrepreneurship.

Om publikasjonen

Forfattere:

Berglann, H., E.R. Moen, K. Røed and J.F. Skogstrøm

År:

2011

Tidsskrift:

Labour Economics

Serie:

Vitenskapelige tidsskrift

JEL:

L26; M13

Nøkkelord:

Entrepreneurship; Self-employment; Spin-offs

Prosjekt:

6512 - R&D, Industry Dynamics and Public Policy

Lenke:

[DOI] [PDF]