- A-Z
- Jena Economic Resea...
- Volume 7
- Occupational Choice...
- Abgebildete Person
- Erschienen
- 10. Januar 2013
- Nummer des Discussion-Papers
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2013-001
- Schlagwort(e)
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Entrepreneurial choice
occupation-specific determinants of entrepreneurship
risk preferences
taste for variety
- Zusammenfsg.
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Often, a person will become an entrepreneur only after a period of dependent employment, suggesting that occupational choices precede entrepreneurial choices. We investigate the relationship between occupational choice and self-employment. The findings suggest that the occupational choice of future entrepreneurs at the time of labor market entry is partly guided by a taste for skill variety, the prospect of high earnings, and occupational earnings risk. Entrepreneurial intentions may also emerge after gaining work experience in a chosen occupation. We find that occupations characterized by high levels of unemployment and earnings risk, relatively many job opportunities, and high self-employment rates foster the founding of an own business. Also, people who fail to achieve an occupation-specific income have a tendency for self-employment.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- L26 - Entrepreneurship ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; D01 - Microeconomic Behavior: Underlying Principles