Artikel

Once an entrepreneur, always an entrepreneur? The impacts of skills developed before, during and after college on firm start-ups

By allowing agents to switch from entrepreneurship to wage work and vice versa over the life cycle, this study proposes a dynamic Jacks-of-All-Trades (JAT) model where entrepreneurs invest in highly varied skills to manage their business. We simultaneously endogenize human capital investment and occupational decisions. Using the survey data of Iowa State alumni graduating between 1982 and 2006, we find that the probability of selecting a broad curriculum, having a more varied career, and becoming an entrepreneur are jointly positively correlated. Academic diversity is found to be initially important in starting a business shortly after completing schooling, but its importance declines over time.

Sprache
Englisch

Erschienen in
Journal: IZA Journal of Labor Economics ; ISSN: 2193-8997 ; Volume: 4 ; Year: 2015 ; Pages: 1-27 ; Heidelberg: Springer

Klassifikation
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Thema
Entrepreneurship
Jacks-of-all-trades
Educational experiences
Working experience
Entry

Ereignis
Geistige Schöpfung
(wer)
Orazem, Peter F.
Jolly, Robert
Yu, Li
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2015

DOI
doi:10.1186/s40172-015-0023-7
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Orazem, Peter F.
  • Jolly, Robert
  • Yu, Li
  • Springer

Entstanden

  • 2015

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