Seminar paper from the year 2016 in the subject Business economics - Miscellaneous, grade: 1, 0, Humboldt-University of Berlin (Chair of Entrepreneurial and Behavioral Decision Making), course: Innovative Entrepreneurship, language: English, abstract: This literature overview examines five studies investigating the monetary returns to entrepreneurship compared to wage employment. It starts with a summary of findings up to 2007 by observing a meta study and follows by analyzing four recent empirical analyses. These apply various approaches to discover the link between entrepreneurship and individual remuneration: investigating returns to ability, comparing twins, using a broad definition of entrepreneurship, and correcting for underreporting. The results do not indicate a clear direction. Negative, positive and similar returns for entrepreneurs compared to employed individuals are found. However, if one assumes the problems of a restrictive definition of entrepreneurship and of income underreporting to be generally relevant, higher earnings of entrepreneurs seem plausible.
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Entrepreneurship and individual remuneration. Does it pay to be an entrepreneur?
- 40 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Entrepreneurship and individual remuneration. Does it pay to be an entrepreneur?
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Table of contents
- List of Abbreviations
- List of Figures
- List of Tables
- List of Equations
- Introduction
- State of Affairs in 2007
- Negative Returns
- Positive Returns
- Comparison of Results
- Conclusion
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Yes, you can access Entrepreneurship and individual remuneration. Does it pay to be an entrepreneur? by Justus Kirchhoff in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over 1.5 million books available in our catalogue for you to explore.