Arbeitspapier

Transitions to entrepreneurship and industry-specific barriers

Drivers of entrepreneurial entry are investigated in this study by examining how entry into small-business ownership is shaped by industry-specific constraints. The human- and financial-capital endowments of potential entrepreneurs entering firms in various industries are shown to differ profoundly, depending on the type of venture entered. The educational credentials of highly educated potential entrepreneurs, in particular, predict avoidance of small-firm ownership in some industries as well as attraction to others. Recognizing that individuals choose an industry sector jointly with their decision to enter entrepreneurship, we find that the conventional practice of conflating different industry types in empirical analyses of transitions to entrepreneurship generates misleading findings about the determinants of entrepreneurship.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 6103

Klassifikation
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Entrepreneurship
New Firms; Startups
Thema
entrepreneurship
self-employment
capital constraints
transitions
entry barriers
business start-ups
Unternehmer
Unternehmensgründung
Markteintritt
Branche
Verschuldungsrestriktion
Selbstständige
Schätzung
USA

Ereignis
Geistige Schöpfung
(wer)
Lofstrom, Magnus
Bates, Timothy
Parker, Simon C.
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2011

Handle
URN
urn:nbn:de:101:1-201111213417
Letzte Aktualisierung
10.03.2025, 11:44 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

  • Arbeitspapier

Beteiligte

  • Lofstrom, Magnus
  • Bates, Timothy
  • Parker, Simon C.
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2011

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