Experience and Entrepreneurship
AbstractWe document in two very different datasets an inverted U-shaped relationship between work experience and entrepreneurship among movers. The first dataset consists of 1,248, U.S. lawyers who were forced to seek alternative employment after the sudden dissolutions of their employers. The second consists of over 7.5 million observations on Swedish workers, where job separation is predominantly unrelated to job destruction. Our empirical results are consistent with a model of stochastic accumulation of employer-specific and transferable skills, where the mix between the two is not fully observable to outside parties.
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Bibliographic InfoPaper provided by Research Institute of Industrial Economics in its series Working Paper Series with number 970.
Length: 38 pages
Date of creation: 06 Aug 2013
Date of revision:
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Entrepreneurship; Employee mobility; Experience;
Find related papers by JEL classification:
- D20 - Microeconomics - - Production and Organizations - - - General
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- M50 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-08-16 (All new papers)
- NEP-BEC-2013-08-16 (Business Economics)
- NEP-CSE-2013-08-16 (Economics of Strategic Management)
- NEP-CWA-2013-08-16 (Central & Western Asia)
- NEP-SBM-2013-08-16 (Small Business Management)
- NEP-SPO-2013-08-16 (Sports & Economics)
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