Arbeitspapier
Illegal Entrepreneurship Experience
Existing studies show a positive relationship between entrepreneurs' business performance and their conventional human capital as measured by previous business experience and formal education. In this paper, we explore whether illegal entrepreneurship experience (IEE), an unconventional form of human capital, is related to the performance and motivation of entrepreneurs operating legal businesses in a transition context. Using regression techniques on a sample of 399 private business owners in Lithuania, we find that, in general, IEE is significantly and positively associated with subjective measures of business motivation. Moreover, younger entrepreneurs benefit from their IEE in terms of business performance, indicating that they have been more successful than older entrepreneurs in transferring their IEE to a market oriented setting. In addition, IEE and business performance are positively related for entrepreneurs who started completely new legal businesses. Thus, our research partially supports the notion that prior experience in the black or gray market may signal and provide valuable human capital for legal enterprising.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 04-105/3
- Klassifikation
-
Wirtschaft
Labor Force and Employment, Size, and Structure
Labor Demand
Human Capital; Skills; Occupational Choice; Labor Productivity
Particular Labor Markets: Other
Firm Performance: Size, Diversification, and Scope
New Firms; Startups
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Socialist Enterprises and Their Transitions
- Thema
-
entrepreneurship
human capital
illegal entrepreneurship
transition economy
Entrepreneurship-Ansatz
Schwarzmarkt
Schattenwirtschaft
Humankapital
Übergangswirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Aidis, Ruta
van Praag, Mirjam
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Aidis, Ruta
- van Praag, Mirjam
- Tinbergen Institute
Entstanden
- 2004