Founders' experience and self-employment duration : the importance of being a 'Jack-of-all-trades'. An analysis based on competing risks
Abstract"This paper investigates how founders' experience and professional background affect the duration of periods of self-employment, and to what extent the duration is affected by a balanced skill set in particular. In this context, an occupational choice framework based on a competing risk setting is used that considers an exit choice as a time varying incident. Particularly, a tailor-made variable is used reflecting the balancing property of the individuals' professional background. The results show that most self-employed individuals find themselves unemployed again. Industrial experience, experience in the service or product, high motivation and professional background as a crafts master are clearly associated with comparative advantages in self-employment. It turns out that a broad range of competences is not sufficient in order to prolong the expected duration. However, a comprehensive set of skills combined with sales/business experience can extend the duration of self-employment." (Author's abstract, IAB-Doku) ((en))
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Bibliographic InfoPaper provided by Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany] in its series IAB Discussion Paper with number 200840.
Length: 27 pages
Date of creation: 23 Oct 2008
Date of revision:
berufliche Selbständigkeit - Dauer; Unternehmenserfolg - Determinanten; Humankapital; unternehmerische Qualifikation; Fachkenntnisse; berufliche Qualifikation; Berufserfahrung; Selbständige; Unternehmer; Überbrückungsgeld - Inanspruchnahme; Berufsverlauf; Arbeitslosigkeit; Unternehmensgründung; Arbeitslose; abhängig Beschäftigte; Niedersachsen; Lüneburg; Bundesrepublik Deutschland;
Find related papers by JEL classification:
- C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-11-04 (All new papers)
- NEP-ENT-2008-11-04 (Entrepreneurship)
- NEP-LAB-2008-11-04 (Labour Economics)
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