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We study how the tasks conducted on the job relate to measures of cognitive skills using data from 18 countries participating in the Programme for the International Assessment of Adult Competences (PIAAC) and from 13 countries that also participate in the International Adult Literacy Study...
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Entrepreneurs are found to have balanced skill sets and most have worked in small firms before starting their own … entrepreneurs using a rich data set on the applied skills of individuals. This data set allows us to construct an indicator that … of entrepreneurs remains the largest. The impact of human capital formation on skill balance also varies among employees …
Persistent link: https://www.econbiz.de/10009129709
opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative … entrepreneurs are 3.5 percentage points higher than the paid employees' rate of 8.1%, but 6.5 percentage points lower for necessity … entrepreneurs. Pooling the two types of entrepreneurs understates the value of education for opportunity entrepreneurs and sparks …
Persistent link: https://www.econbiz.de/10010344606
We rely on the Survey of Consumer Finances to study the return to education of US entrepreneurs since the late 1980s … increased substantially more for entrepreneurs than for employees. Today an entrepreneur with a postgraduate degree earns on …
Persistent link: https://www.econbiz.de/10012947958
complementarity, we utilise a sample of both successful entrepreneurs and salary workers with previous entrepreneurial experience and … entrepreneurs. Findings: Our study confirms the existence of complementarity between education and breadth of professional … experience and its impact on the probability of an entrepreneur’s success. Implications & Recommendations: Our findings are …
Persistent link: https://www.econbiz.de/10012517205
estimates indicate that a 1 percentage point relaxation of capital constraints increases entrepreneurs' gross business incomes … by 3.9% on average. Education enhances entrepreneurs' performance both directly - with a rate of return of 13.7% - and … education on entrepreneurs' performance is estimated to be 3.0 - 4.6%. …
Persistent link: https://www.econbiz.de/10011337974
Entrepreneurs are found to have balanced skill sets and most have worked in small firms before starting their own … entrepreneurs using a rich data set on the applied skills of individuals. This data set allows us to construct an indicator that … of entrepreneurs remains the largest. The impact of human capital formation on skill balance also varies among employees …
Persistent link: https://www.econbiz.de/10010281651
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