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Are education and entrepreneurial income endogenous and do family background variables make sense as instruments? : a Bayesian analysis

Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: February 2010

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

Persistent link: https://www.econbiz.de/10011380037

The skill balancing act: Determinants of and returns to balanced skills

Bublitz, Elisabeth; Noseleit, Florian - 2011

Entrepreneurs are found to have balanced skill sets and most have worked in small firms before starting their own business. In light of this, we compare the skill sets of employees working in businesses of different size to the skill sets of entrepreneurs using a rich data set on the applied...

Persistent link: https://www.econbiz.de/10010281651

The Higher Returns to Formal Education for Entrepreneurs versus Employees

van Praag, Mirjam; van Witteloostuijn, Arjen; van der … - 2014

How valuable is formal education for entrepreneurs’ income relative to employees’? And if the income returns to formal … education are different for entrepreneurs vis-a'-vis employees, what might be a plausible explanation? To explore these … questions, we analyze a large representative US panel. We show that entrepreneurs have higher returns to formal education than …

Persistent link: https://www.econbiz.de/10014185620

The skill balancing act : determinants of and returns to balanced skills

Bublitz, Elisabeth; Noseleit, Florian - 2011

Persistent link: https://www.econbiz.de/10009129709

Wages in high-tech start-ups : do academic spin-offs pay a wage premium?

Dorner, Matthias; Fryges, Helmut; Schopen, Kathrin - 2015

Due to their origin from universities, academic spin‐offs operate at the forefront of the technological development. Therefore, spin‐offs exhibit a skill‐biased labour demand, i.e. spin‐offs have a high demand for employees with cutting edge knowledge and technical skills. In order to...

Persistent link: https://www.econbiz.de/10010532473