Which firms do the entrepreneurs come from?
AbstractEntrepreneurs who found new firms tend to work as employees in small rather than large firms prior to start-up and have previous experience of entrepreneurship. We provide a model of self-selection based on heterogeneous risk preferences which can explain these stylized facts.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 10 (2007)
Issue (Month): 10 ()
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Find related papers by JEL classification:
- J2 - Labor and Demographic Economics - - Demand and Supply of Labor
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- Sarah Brown & Lisa Farrell & Mark N. Harris & John G. Sessions, 2006.
"Risk preference and employment contract type,"
Journal of the Royal Statistical Society Series A, Royal Statistical Society,
Royal Statistical Society, vol. 169(4), pages 849-863.
- Sarah Brown & Lisa Farrell & Mark N. Harris & John G. Sessions, 2002. "Risk Preference And Employment Contract Type," Department of Economics - Working Papers Series, The University of Melbourne 845, The University of Melbourne.
- Arndt Werner & Johanna Gast & Sascha Kraus, 2014. "The effect of working time preferences and fair wage perceptions on entrepreneurial intentions among employees," Small Business Economics, Springer, Springer, vol. 43(1), pages 137-160, June.
- José María Millán & Emilio Congregado & Concepción Román, 2010.
"Determinants of Self-Employment Dynamics and their Implications on Entrepreneurial Policy Effectiveness,"
Lecturas de Economía, Universidad de Antioquia, Departamento de Economía,
Universidad de Antioquia, Departamento de Economía, issue 72, pages 45-76.
- Millán, José María & Congregado, Emilio & Román, Concepción, 2010. "Determinants of Self-Employment Dynamics and their Implications on Entrepreneurial Policy Effectiveness," REVISTA LECTURAS DE ECONOMÍA, UNIVERSIDAD DE ANTIOQUIA - CIE.
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