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Max-Planck-Institut für Ökonomik, Jena >
Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik >
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http://hdl.handle.net/10419/20013
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| Title: | | What makes a die-hard entrepreneur? : Trying, or persisting in, self-employment  |
| Authors: | | Burke, Andrew E. FitzRoy, Felix R. Nolan, Michael A. |
| Issue Date: | | 2005 |
| Series/Report no.: | | Papers on entrepreneurship, growth and public policy 2305 |
| Abstract: | | The paper makes three contributions to the economics literature on entrepreneurship. We offer a new measure of entrepreneurship which accounts for variations in persistence in self-employment. We outline an econometric methodology to account for this approach and find that it is superior to probit/logit models which have dominated the literature. While our results indicate that this existing literature is good at explaining an individual's propensity to try self-employment, we find that entrepreneurial persistence is determined by a different model and unearth some new insights into the roles of early career experience, finance, role models, gender and the unemployment push effect. |
| Subjects: | | Self-employment entrepreneurial persistence count data |
| JEL: | | C25 J23 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik
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