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Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Tinbergen Instituut - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

Persistent link: https://www.econbiz.de/10011256522

It's the Opportunity Cost, stupid! How Self-Employment responds to Financial Incentives of Return, Risk and Skew

Berkhout, Peter; Hartog, Joop; Praag, Mirjam van - Tinbergen Instituut - 2011

There is no robust empirical support for the effect of financial incentives on the decision to work in selfemploymentrather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on theopportunity cost, i.e. the wages given up as an employee. Information on income...

Persistent link: https://www.econbiz.de/10011255541

Determinants of Job Satisfaction across the EU-15: A Comparison of Self-Employed and Paid Employees

Millan, Jose Maria; Hessels, Jolanda; Thurik, Roy; … - Tinbergen Instituut - 2011

See also the publication in Small Business Economics (2013), 40(3), 651-670. Job satisfaction of self-employed and paid-employed workers is analyzed using the European Community Household Panel for the EU-15 covering the years 1994-2001. We distinguish between two types of job satisfaction, i.e....

Persistent link: https://www.econbiz.de/10011255751

The Importance of Being in Control of Business: Work Satisfaction of Employers, Own-account Workers and Employees

Hessels, Jolanda; Millán, José María; Román, Concepción - Tinbergen Instituut - 2015

Self-employed workers can be own-account workers who control their own work or employers who not only are their own boss but also direct others (their employees). We expect both types of self-employed, i.e., own-account workers and employers, to enjoy more independence in determining their work...

Persistent link: https://www.econbiz.de/10011256170

Why do Entrepreneurial Parents have Entrepreneurial Children?

Lindquist, Matthew; Sol, Joeri; Praag, Mirjam van - Tinbergen Instituut - 2012

parental entrepreneurship increases the probability of children's entrepreneurship by about 60%. We further show that for …-birth factors (biological parents). The sum of these two effects for adopted children is almost identical to the intergenerational … transmission of entrepreneurship for own-birth children. We explore several candidate explanations for this important post …

Persistent link: https://www.econbiz.de/10011256277

Entrepreneurship Selection and Performance

Sluis, Justin van der; Praag, Mirjam van; Vijverberg, Wim - Tinbergen Instituut - 2003

This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship selection and performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year of schooling in developing economies raises enterprise...

Persistent link: https://www.econbiz.de/10011256702

Schooling, Capital Constraints and Entrepreneurial Performance

Parker, Simon; Praag, Mirjam van - Tinbergen Instituut - 2004

We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...

Persistent link: https://www.econbiz.de/10011257189

Who values the Status of the Entrepreneur?

Praag, C. Mirjam van - Tinbergen Instituut - 2009

Parker and Van Praag (2009) showed, based on theory, that the group status of the profession ‘entrepreneurship’ shapes people’s occupational preferences and thus their choice behavior. The current study focuses on the determinants and consequences of the group status of a profession,...

Persistent link: https://www.econbiz.de/10011257338

Education and Entrepreneurial Choice: An Instrumental Variables Analysis

Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Instituut - 2009

This discussion paper resulted in a publication in the 'International Small Business Journal' (2013). Volume 31, issue 1, pages 23-33. Education is argued to be an important driver of the decision to start a business. The measurement of its influence, however, is difficult since it is considered...

Persistent link: https://www.econbiz.de/10011257474

Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis

Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Instituut - 2010

See also 'Are Education and Entrepreneurial Income Endogenous?' in Entrepreneurship Research Journal (2012), 2(3), 1-27. Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and...

Persistent link: https://www.econbiz.de/10011257490