A selection-based theory of the transition from employment to entrepreneurship
Subtitle: the role of employer size
By: by Simon C. Parker
Series: Discussion paper -- no. 2071; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2071
Publisher: IZA
Published: 2006
Place of publication: Bonn, Germany
Language: eng
Format: [electronic resource] :
Subjects: Vocational guidance; New business enterprises; Entrepreneurship
Description: "A simple occupational choice model is used to predict that entrepreneurs who found new firms are more likely to work for small than for large firms prior to start-up. The mechanism underlying the result is heterogeneous risk aversion. The model also predicts a positive association between new firm formation and previous self-employment experience. These predictions accord with previous empirical findings, but notably self-selection rather than productivity effects can explain them"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 4/11/2006.

Includes bibliographical references.

Also available in print.

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Mode of access: World Wide Web.