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Founders' experience and self-employment duration : the importance of being a 'Jack-of-all-trades'. An analysis based on competing risks

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Author Info
Oberschachtsiek, Dirk (Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany])
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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Publisher Info
Paper provided by Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany] in its series IAB Discussion Paper with number 200840.

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Length: 27 pages
Date of creation: 23 Oct 2008
Date of revision:
Handle: RePEc:iab:iabdpa:200840

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Keywords: 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
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

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