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dc.contributor.authorBublitz, Elisabethen_US
dc.contributor.authorNoseleit, Florianen_US
dc.date.accessioned2011-06-09en_US
dc.date.accessioned2012-04-11T09:30:16Z-
dc.date.available2012-04-11T09:30:16Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/56870-
dc.description.abstractEntrepreneurs are found to have balanced skill sets and most have worked in small firms before starting their own business. In light of this, we compare the skill sets of employees working in businesses of different size to the skill sets of entrepreneurs using a rich data set on the applied skills of individuals. This data set allows us to construct an indicator that measures skill balance in the uantity (skill scope) and quality (skill level) dimension. Our results show that employees working in large businesses tend to have a lower skill balance than those working in small businesses; yet, the skill balance of entrepreneurs remains the largest. The impact of human capital formation on skill balance also varies among employees of different business sizes and entrepreneurs. Finally, the estimated returns to balanced skills are largest for entrepreneurs whereas, for employees, these returns decrease as business size increases. However, we find no relationship between balancing skills at lower skill levels and income, indicating that both dimensions - skill level and skill scope - are relevant. We end by discussing the policy implications that can be drawn from our results in regard to skill balance.en_US
dc.language.isoengen_US
dc.publisherUniv. [u.a.] Jenaen_US
dc.relation.ispartofseriesJena economic research papers 2011,025en_US
dc.subject.jelJ24en_US
dc.subject.jelJ31en_US
dc.subject.jelL26en_US
dc.subject.jelM13en_US
dc.subject.ddc330en_US
dc.subject.keywordentrepreneurshipen_US
dc.subject.keywordreturns to human capitalen_US
dc.subject.keywordbalanced skill seten_US
dc.subject.keywordjack-of-all-tradesen_US
dc.subject.stwUnternehmeren_US
dc.subject.stwQualifikationen_US
dc.subject.stwHumankapitalen_US
dc.subject.stwFacharbeiteren_US
dc.subject.stwBildungsertragen_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleThe skill balancing act: Determinants of and returns to balanced skillsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn661868443en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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