Entrepreneurial skills or reward for success? Does entrepreneurship pay in future paid employment?

Luzzi, Alessandra; Sasson, Amir

doi:10.5465/ambpp.2015.255

Cited by 2 publications

(1 citation statement)

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“…Entrepreneurship depicts activities that create new forms of value – mainly economic value, and it is also equated with the creation and running of new organizations – firms. As a rule, entrepreneurship is described as good and desirable at all levels – individual, group, organizational, regional and national (Chatterjee and Das, 2015; Luzzi and Sasson, 2015).…”

Section: Introductionmentioning

confidence: 99%

Organizing work and activities to cope with age – the role of entrepreneurship for individuals aged 50+

Holmquist

Sundin

2021

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PurposeThe aim of this article is to discuss how age and entrepreneurship interact in the specific case of older (50+) entrepreneurs. Building on theories on entrepreneurship and theories on age and aging, the authors’ focus is on how such entrepreneurs relate to the building and running of a business organization. The authors discuss how entrepreneurship among the elderly plays out and how older entrepreneurs relate to the narratives on both age and entrepreneurship.Design/methodology/approachThis research comprises quantitative as well as qualitative studies. The authors show that qualitative methods that unfold the process over time are necessary and essential to fully understand how and why entrepreneurs start their own business and/or continue to run it at older ages.FindingsThe authors find that the choice to become an entrepreneur at the age of 50+ (or to stay as one) is not a goal in itself, becoming an entrepreneur is a means to stay active in the labor market.Originality/valueThe study findings add to entrepreneurship theory by insights on the link between entrepreneurship and the labor market where the authors argue that becoming an entrepreneur at ages 50+ might be more a question of choice of organizational form than a question on a way of living or occupation. The authors also contribute to theories on age by showing that entrepreneurs aged 50+ choose entrepreneurship as a means to be able to stay in the labor market.

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Section: Introductionmentioning

confidence: 99%

Organizing work and activities to cope with age – the role of entrepreneurship for individuals aged 50+

Holmquist

Sundin

2021

QROM

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Does education matter for the earnings of former entrepreneurs? Longitudinal evidence using entry and exit dynamics

2022

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Wage employment is the most commonly observed type of employment after a spell of entrepreneurship. The purpose of this paper is to investigate the effects of having been an entrepreneur on earnings after individuals exit. The question is how the entrepreneurship spell influences their value in the labor market? Based on a theoretical framework and earlier literature, our specific interest lies in how these outcomes interact with education level and the nature of the entrepreneurial venture. To investigate this question, we use longitudinal register data on firms and individuals in Sweden. The empirical strategy builds on matching techniques and estimations of earnings equations in a difference-in-differences framework with heterogenous treatment years. We provide evidence that there exists an earnings penalty when highly educated entrepreneurs return to wage employment. This effect is persistent throughout the time period that we observe. For individuals with lower educational attainment, we find no or weak evidence of a wage penalty. Our results suggest that the wage penalty for highly educated individuals operates through the depreciation of specific specialized skills valuable in wage employment.

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Entrepreneurial skills or reward for success? Does entrepreneurship pay in future paid employment?

Cited by 2 publications

References 0 publications

Organizing work and activities to cope with age – the role of entrepreneurship for individuals aged 50+

Organizing work and activities to cope with age – the role of entrepreneurship for individuals aged 50+

Does education matter for the earnings of former entrepreneurs? Longitudinal evidence using entry and exit dynamics

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