Research Summary: Previous literature has documented a large short-term earnings gap for entrepreneurs that return to … document how this initial gap is remarkably persistent. Former entrepreneurs earn 27 percent less than propensity … offer evidence that the decline in hours worked is a choice of former entrepreneurs and therefore reflects a compensating …

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 …

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences … show furthermore that entrepreneurs have higher returns to education than employees (in terms of the comparable performance … spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on …

wages in start‐ups unambiguously predicts the existence and the direction of wage differentials between spin‐offs and non … higher wages to employees with linkages to the university sector – either as university graduates or as student workers. …

comprehensive theoretical assessment nor the empirical literature on wages in start-ups unambiguously predicts the existence and the … spin-offs that commercialise new scientific results or methods provide higher wages to employees with linkages to the …

wages in start‐ups unambiguously predicts the existence and the direction of wage differentials between spin‐offs and non … higher wages to employees with linkages to the university sector – either as university graduates or as student workers …

wages in start‐ups unambiguously predicts the existence and the direction of wage differentials between spin‐offs and non … higher wages to employees with linkages to the university sector – either as university graduates or as student workers …

consistent with the matching model: entrepreneurs are more skilled than workers and more skilled entrepreneurs manage larger … firms; more skilled entrepreneurs hire more skilled workers. The estimation of wage regressions shows that the higher the …