AbstractIn contrast to previous efforts to model the individual’s movement from wage work into entrepreneurship, we consider that individuals might transition incrementally by retaining their wage job while entering into self-employment. We show that these hybrid entrepreneurs represent a significant share of all entrepreneurial activity. Theoretical arguments are proposed to suggest why hybrid entrants are distinct from self-employment entrants, and why hybrid entry may facilitate subsequent entry into full self-employment. We demonstrate that there are significant theoretical and empirical consequences for this group and our understanding of self-employment entry and labor market dynamics. Using matched employee-employer data over eight years, we test the model on a population of Swedish wage earners in the knowledge-intensive sector.
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Bibliographic InfoPaper provided by Research Institute of Industrial Economics in its series Working Paper Series with number 825.
Length: 39 pages
Date of creation: 11 Mar 2010
Date of revision:
Publication status: Published as Folta, Timothy B., Frédéric Delmar and Karl Wennberg, 'Hybrid Entrepreneurship' in Management Science, 2010, pages 253-269.
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Postal: Research Institute of Industrial Economics, Box 55665, SE-102 15 Stockholm, Sweden
Phone: +46 8 665 4500
Fax: +46 8 665 4599
Web page: http://www.ifn.se/
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Hybrid entrepreneurship; Self-employment; Labour market dynamics; Transition determinants; Employee-employer data;
Other versions of this item:
- H39 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Other
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-03-28 (All new papers)
- NEP-BEC-2010-03-28 (Business Economics)
- NEP-ENT-2010-03-28 (Entrepreneurship)
- NEP-LAB-2010-03-28 (Labour Economics)
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- Burmeister-Lamp, Katrin & Lévesque, Moren & Schade, Christian, 2012. "Are entrepreneurs influenced by risk attitude, regulatory focus or both? An experiment on entrepreneurs' time allocation," Journal of Business Venturing, Elsevier, vol. 27(4), pages 456-476.
- Altin Vejsiu, 2011. "Incentives to self-employment decision in Sweden," International Review of Applied Economics, Taylor and Francis Journals, vol. 25(4), pages 379-403.
- Wennberg, Karl & Wiklund, Johan & Wright, Mike, 2011. "The effectiveness of university knowledge spillovers: Performance differences between university spinoffs and corporate spinoffs," Research Policy, Elsevier, vol. 40(8), pages 1128-1143, October.
- Daghbashyan, Zara & Hårsman, Björn, 2012. "Entrepreneurship and Arts Related Education," Working Paper Series in Economics and Institutions of Innovation 295, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Daghbashyan, Zara & Hårsman, Björn, 2012. "University choice and entrepreneurship," Working Paper Series in Economics and Institutions of Innovation 292, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Delmar, Frédéric & Wennberg, Karl & Hellerstedt, Karin, 2011. "Endogenous growth through knowledge spillovers in entrepreneurship: An empirical test," Ratio Working Papers 165, The Ratio Institute.
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