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Entrepreneurial employees: Are they different from independent entrepreneurs?

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  • Nyström, Kristina

    ()
    (CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology)

Abstract

This paper uses individual-level data from the Swedish 2011 Global Entrepreneurship Monitor (GEM) to investigate differences with respect to individual characteristics associated with independent entrepreneurs (nascent entrepreneurship and new business ownership) and entrepreneurial employees. Are there any differences with respect to gender, age, income and education associated with these different forms of entrepreneurship? Furthermore, it can be argued that an entrepreneurial employee differs with respect to attitudes and perceptions about entrepreneurship. Do attitudes and perceptions about entrepreneurship, for example, perceiving entrepreneurship as good career choice, or the fear of failure differ between entrepreneurial employees and independent entrepreneurs? Our empirical findings shows what differs between entrepreneurial employees and independent entrepreneurs are their perceptions about opportunities and capabilities. Moreover, the probability of becoming an entrepreneurial employee increases with the level of education.

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Bibliographic Info

Paper provided by Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies in its series Working Paper Series in Economics and Institutions of Innovation with number 281.

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Length: 16 pages
Date of creation: 11 Sep 2012
Date of revision:
Handle: RePEc:hhs:cesisp:0281

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Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
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Keywords: Entrepreneurial employees; Global Entrepreneurship monitor; Sweden;

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  1. Parker,Simon C., 2009. "The Economics of Entrepreneurship," Cambridge Books, Cambridge University Press, number 9780521899604.
  2. Baumol, William J, 1990. "Entrepreneurship: Productive, Unproductive, and Destructive," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 893-921, October.
  3. van Praag, Mirjam & Versloot, Peter H., 2007. "What Is the Value of Entrepreneurship? A Review of Recent Research," IZA Discussion Papers 3014, Institute for the Study of Labor (IZA).
  4. Marco Caliendo & Frank M. Fossen & Alexander S. Kritikos, 2011. "Personality Characteristics and the Decision to Become and Stay Self-Employed," SOEPpapers on Multidisciplinary Panel Data Research 369, DIW Berlin, The German Socio-Economic Panel (SOEP).
  5. C. Mirjam van Praag & Peter H. Versloot, 2007. "What is the Value of Entrepreneurship? A Review of Recent Research," Tinbergen Institute Discussion Papers 07-066/3, Tinbergen Institute.
  6. Parker, Simon C., 2009. "Intrapreneurship or Entrepreneurship?," IZA Discussion Papers 4195, Institute for the Study of Labor (IZA).
  7. Parker,Simon C., 2009. "The Economics of Entrepreneurship," Cambridge Books, Cambridge University Press, number 9780521728355.
  8. N.S. Bosma & E. Stam & S. Wennekers, 2011. "Intrapreneurship versus independent entrepreneurship: A cross-national analysis of individual entrepreneurial behavior," Working Papers 11-04, Utrecht School of Economics.
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