We examine how basic research should be financed. While basic research is a public good benefiting innovating entrepreneurs it also affects the entire economy: occupational choices of potential entrepreneurs, wages of workers, dividends to shareholders, and aggregate output. We show that the...

We argue that entrepreneurial choice proceeds in at least two steps, with vocational choice nearly always preceding choice of employment status, whether that be self-employment or dependent employment. Since the two decisions are interrelated, analysis of entrepreneurial choice as a single act...

We compare, based on German data, the income of self-employed individuals with and without employees with the income of dependently employed individuals. Our results show that self-employed with employees tend to earn significantly higher incomes than their salaried counterparts, while with the...

Werden immer mehr Erwerbstätige zu Unternehmern ihrer eigenen Arbeitskraft? Und in welchen Arbeitsfeldern ist das vor allem der Fall? Die empirisch fundierten Beiträge dieses Bandes untersuchen diese viel diskutierten Fragen in einem breiten Spektrum von Erwerbsarbeit: typische...