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It’s the Opportunity Cost, Stupid!How Self-Employment Responds to FinancialIncentives of Return, Risk and Skew
Berkhout, Peter; Hartog, Joop; Praag, Mirjam van - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
There is no robust empirical support for the effect of financial incentives on the decision towork in self-employment rather than as a wage earner. In the literature, this is seen as apuzzle. We offer a focus on the opportunity cost, i.e. the wages given up as an employee.Information on income...
Persistent link: https://www.econbiz.de/10009496228
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What Is the Value of Entrepreneurship?A Review of Recent Research
Praag, Mirjam van; Versloot, Peter H. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
that entrepreneurship has important economic value.Hence, a systematic review is provided that answers the question: What …
Persistent link: https://www.econbiz.de/10005862087
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Who values the status of the entrepreneur?
Praag, Mirjam van - Wirtschaftswissenschaftliche Fakultät, … - 2009
Parker and Van Praag (2009) showed, based on theory, that the group status of the profession 'entrepreneurship' shapes … consequences of the group status of a profession, entrepreneurship in particular. If the group status of entrepreneurship is … be expected and respect. Furthermore, our results imply that entrepreneurship is associated with hard work, high incomes …
Persistent link: https://www.econbiz.de/10004984635