Entrepreneurship and individual remuneration. Does it pay to be an entrepreneur?

von Justus Kirchhoff

40 Seiten, Taschenbuch

Kurzbeschreibung des Verlags

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.

• Reihe: Aus der Reihe: e-fellows.net stipendiaten-wissen
• Themen: Wirtschaftswissenschaft, Finanzen, Betriebswirtschaft und Management Betriebswirtschaft und Management Betriebswirtschaftslehre, allgemein
• ISBN: 9783668491588
• Sprache: Englisch
• Erscheinungsdatum: 28.07.2017
• Größe: 210 x 148 mm
• Verlag: GRIN Verlag