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Founders' experience and self-employment duration: the importance of being a ‘jack-of-all-trades‘ ; an analysis based on competing risks
[working paper]
Corporate Editor
Institut für Arbeitsmarkt- und Berufsforschung der Bundesagentur für Arbeit (IAB)
Abstract "This paper investigates how founders’ experience and professional background affect
the duration of periods of self-employment, and to what extent the duration is
affected by a balanced skill set in particular. In this context, an occupational choice
framework based on a competing risk setting i... view more
"This paper investigates how founders’ experience and professional background affect
the duration of periods of self-employment, and to what extent the duration is
affected by a balanced skill set in particular. In this context, an occupational choice
framework based on a competing risk setting is used that considers an exit choice
as a time varying incident. Particularly, a tailor-made variable is used reflecting the
balancing property of the individuals’ professional background. The results show
that most self-employed individuals find themselves unemployed again. Industrial
experience, experience in the service or product, high motivation and professional
background as a crafts master are clearly associated with comparative advantages
in self-employment. It turns out that a broad range of competences is not sufficient
in order to prolong the expected duration. However, a comprehensive set of skills
combined with sales/business experience can extend the duration of selfemployment." [authors abstract]... view less
Keywords
qualification for key function; self-employment; qualification; risk; entrepreneur; competition; qualification requirements; risk behavior; professional experience; occupation; duration
Classification
Labor Market Research
Occupational Research, Occupational Sociology
Document language
English
Publication Year
2008
City
Nürnberg
Page/Pages
27 p.
Series
IAB Discussion Paper: Beiträge zum wissenschaftlichen Dialog aus dem Institut für Arbeitsmarkt- und Berufsforschung, 40/2008
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications
Data providerThis metadata entry was indexed by the Special Subject Collection Social Sciences, USB Cologne