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http://bura.brunel.ac.uk/handle/2438/8130| Title: | How former business owners fare in the labor market? Job assignment and earnings |
| Authors: | Baptista, R Lima, F Preto, MT |
| Keywords: | Entrepreneurship;Business owner experience;Internal labor markets;Task-specific human capital;Matched employer-employee data |
| Issue Date: | 2012 |
| Publisher: | Elsevier Science BV |
| Citation: | European Economic Review, 56(2), 263 - 276, 2012 |
| Abstract: | This study uses detailed longitudinal matched employer–employee data to examine the impact of entrepreneurial experience on job assignments, careers, and wages. The results suggest that there are significant differences in career mobility between former business owners and workers who were always wage employees. Former business owners enter firms at higher job levels and progress faster up the hierarchy than wage employees without entrepreneurial experience. The majority of the former business owners find jobs in small firms. The return to business ownership experience is lower than the return to wage employee experience, thus suggesting that the labor market imposes a penalty for business ownership experience. |
| Description: | This is the post-print version of the final paper published in European Economic Review. The published article is available from the link below. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. Copyright @ 2011 Elsevier B.V. |
| URI: | http://www.sciencedirect.com/science/article/pii/S0014292111000808 http://bura.brunel.ac.uk/handle/2438/8130 |
| DOI: | http://dx.doi.org/10.1016/j.euroecorev.2011.08.004 |
| ISSN: | 0014-2921 |
| Appears in Collections: | Business and Management Publications Brunel Business School Research Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Fulltext.pdf | 448.54 kB | Adobe PDF | View/Open |
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