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.
| Autorius: | Justus Kirchhoff |
| Leidėjas: | GRIN Verlag |
| Išleidimo metai: | 2017 |
| Knygos puslapių skaičius: | 40 |
| ISBN-10: | 3668491585 |
| ISBN-13: | 9783668491588 |
| Formatas: | Knyga minkštu viršeliu |
| Kalba: | Anglų |
| Žanras: | Business studies: general |
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