Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/210884 
Year of Publication: 
2018
Series/Report no.: 
IFN Working Paper No. 1243
Publisher: 
Research Institute of Industrial Economics (IFN), Stockholm
Abstract: 
Our paper presents an empirical analysis of entrepreneurial well-being using a large-scale longitudinal household survey from the UK that tracks almost 50,000 individuals across seven waves over the period 2009-2017, as well as a number of exploratory case studies. We contribute to the existing literature by investigating how entrepreneurial well-being varies across locations along the urban-rural continuum, and across wealthy-deprived neighbourhoods. We use a Coarsened Exact Matching (CEM) approach to compare the well-being outcomes of individuals who switch into self-employment from waged employment, and show that entrepreneurial well-being, in the form of job satisfaction, is significantly higher for those living in semi-urban locations, relative to those living in urban and rural locations. We argue that semi-urban locations provide an optimal combination of ease of doing business and quality of life. Our results also show that individuals in wealthy neighbourhoods who switch into self-employment experience higher job satisfaction than otherwise comparable individuals living in materially deprived neighbourhoods, although the latter experience greater levels of life satisfaction following the switch.
Subjects: 
Entrepreneurship
Well-being
Self-employment
Urban-rural
Neighbourhood effects
JEL: 
E24
I13
L26
P25
R20
R23
Document Type: 
Working Paper

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