Artikel

Entrepreneurial Career Paths: Occupational Environments and the Propensity to Become Self-Employed

We investigate the relationship between characteristics of an occupation-specific environment and the decision of employees to start an own business. A relatively high occupation-specific unemployment risk and high earnings risk are conducive to opt for self-employment. Also, occupations that are characterized by high self-employment rates foster entrepreneurial choice among their employees. The results suggest that career choices of future entrepreneurs are driven by different motivations than those of non-entrepreneurs. In particular, the expectation of a pronounced financial gain is critical for future entrepreneurs when they make their initial occupational choices in paid employment and it is also relevant for a self-employment choice. We also find that when future entrepreneurs enter the labor market they are more likely to choose occupations that require a relatively high variety of skills. Moreover, such occupations may promote entrepreneurship among their employees.

Language
Englisch

Bibliographic citation
Journal: Small Business Economics ; ISSN: 1573-0913 ; Volume: 51 ; Year: 2018 ; Issue: 1 ; Pages: 129-152 ; Heidelberg, Berlin: Springer

Classification
Wirtschaft
Entrepreneurship
Human Capital; Skills; Occupational Choice; Labor Productivity
Microeconomic Behavior: Underlying Principles
Subject
entrepreneurial choice
occupation-specific determinants of entrepreneurship
unemployment risk
earnings risk
skill variety

Event
Geistige Schöpfung
(who)
Sorgner, Alina
Fritsch, Michael
Event
Veröffentlichung
(who)
Springer
ZBW - Leibniz Information Centre for Economics
(where)
Heidelberg, Berlin
(when)
2018

DOI
doi:10.1007/s11187-017-9917-z
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Sorgner, Alina
  • Fritsch, Michael
  • Springer
  • ZBW - Leibniz Information Centre for Economics

Time of origin

  • 2018

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