Titre | Income Penalties Associated with Entrepreneurs' Exit from Self-Employment | |
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Auteur | Lars Kolvereid, Thor-Erik Sandberg Hanssen | |
Revue | Journal of Innovation Economics | |
Numéro | no 35, 2021/2 New Challenges in the Healthcare Sector | |
Page | 131-149 | |
Résumé anglais |
This study investigates income among salaried employees who were self-employed between 2005 and 2015 and returned to salaried employment in 2016. We argue that salaried employees who experiment with self-employment are likely to suffer a short-term income penalty when they return to wage employment. The hypotheses are tested in a large sample of Norwegian full-time employed non-entrepreneurs who became self-employed between 2005 and 2015 and returned to paid employment in 2016. The findings indicate that the relationship between the number of years as self-employed and income is U-shaped. The findings also show that the income penalty associated with former self-employment can be reduced by returning to the initial employer and by taking advantage of industry experience obtained from business ownership when choosing employer. Source : Éditeur (via Cairn.info) |
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Article en ligne | http://www.cairn.info/article.php?ID_ARTICLE=JIE_PR1_0093 |