Arbeitspapier
What makes a Die-Hard Entrepreneur? Trying, or Persisting in, Self-Employment
The paper makes three contributions to the economics literature on entrepreneurship. We offer a new measure of entrepreneurship which accounts for variations in persistence in self-employment. We outline an econometric methodology to account for this approach and find that it is superior to probit/logit models which have dominated the literature. While our results indicate that this existing literature is good at explaining an individual's propensity to try self-employment, we find that entrepreneurial persistence is determined by a different model and unearth some new insights into the roles of early career experience, finance, role models, gender and the unemployment push effect.
- Sprache
-
Englisch
- Erschienen in
-
Series: Papers on Entrepreneurship, Growth and Public Policy ; No. 2305
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Labor Demand
- Thema
-
Self-employment
entrepreneurial persistence
count data
Unternehmer
Selbstständige
Unternehmensentwicklung
Zähldatenmodell
Erwerbsverlauf
Schätzung
Großbritannien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Burke, Andrew E.
FitzRoy, Felix R.
Nolan, Michael A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Max Planck Institute of Economics
- (wo)
-
Jena
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Burke, Andrew E.
- FitzRoy, Felix R.
- Nolan, Michael A.
- Max Planck Institute of Economics
Entstanden
- 2005