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Allocation and productivity of time in new ventures of female and male entrepreneurs

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  • Ingrid Verheul

    ()

  • Martin Carree
  • Roy Thurik

Abstract

This paper investigates time allocation decisions in new ventures of female and male entrepreneurs using a model that distinguishes between effects of preferences and productivity on the number of working hours. Using data of 1,158 entrepreneurs we find that the preference for work time in new ventures relates to start-up motivation, propensity to take risk and availability of other income. Productivity of work time relates to human, financial and social capital endowments and the prevalence of outsourcing activities. This study also evaluates actual profit effects one year after start-up. We find that on average women invest less time in the business than men. This can be attributed to both a lower preference for work time (driven by risk aversion and availability of other income) and a lower productivity per hour worked (due to lower endowments of human, social and financial capital).

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Bibliographic Info

Article provided by Springer in its journal Small Business Economics.

Volume (Year): 33 (2009)
Issue (Month): 3 (October)
Pages: 273-291

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Handle: RePEc:kap:sbusec:v:33:y:2009:i:3:p:273-291

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Web page: http://www.springerlink.com/link.asp?id=100338

Related research

Keywords: Time allocation; Preferences; Productivity; Gender; New ventures; J22; L26; M13;

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References

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Cited by:
  1. Angela Hung & Joanne Yoong & Elizabeth Brown, 2012. "Empowering Women Through Financial Awareness and Education," OECD Working Papers on Finance, Insurance and Private Pensions 14, OECD Publishing.
  2. Federico Pablo-Marti & Antonio García-Tabuenca & José Luis Crespo-Espert, 2011. "Entrepreneurial Women, Differential Behaviours And Business Innovation," ERSA conference papers ersa11p1130, European Regional Science Association.
  3. repec:dgr:uvatin:2007080 is not listed on IDEAS
  4. Bernard Dussuc & Sébastien Geindre, 2012. "Capital social, théorie des réseaux sociaux et recherche en PME : une revue de la littérature," Post-Print halshs-00747912, HAL.
  5. Andr� van Stel & Roy Thurik & Ingrid Verheul & Lendert Baljeu, 2007. "The Relationship between Entrepreneurship and Unemployment in Japan," Tinbergen Institute Discussion Papers 07-080/3, Tinbergen Institute, revised 14 Jul 2008.
  6. Neville, François & Orser, Barbara & Riding, Allan & Jung, Owen, 2014. "Do young firms owned by recent immigrants outperform other young firms?," Journal of Business Venturing, Elsevier, vol. 29(1), pages 55-71.
  7. Philipp Koellinger & Matthijs Loos & Patrick Groenen & A. Thurik & Fernando Rivadeneira & Frank Rooij & André Uitterlinden & Albert Hofman, 2010. "Genome-wide association studies in economics and entrepreneurship research: promises and limitations," Small Business Economics, Springer, Springer, vol. 35(1), pages 1-18, July.

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