Hartog, Joop; Praag, Mirjam van; Sluis, Justin van der - 2008
ability has a stronger impact on entrepreneurial incomes than on wages. Entrepreneurs and employees benefit from different … sets of specific abilities: Language and clerical abilities have a stronger impact on wages, whereas mathematical, social … generates a higher income, but only for entrepreneurs: This finding supports Lazear's Jack-of-all-Trades theory. …