Does Knowledge in Management Foster Firm Creation and Performance?

Catherine Laffineur, Maria Minniti and Benjamin Montmartin
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Maria Minniti: Syracuse University, New-York

No 2023-19, GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France

Abstract: Most individuals accumulate work experience before starting a venture. Does the knowledge gained from the worker’s occupation influential of the decision to become self-employed? Does it make a difference for the business? Data on the career history of individuals are used to identify whether being employed in an occupation requiring high managerial knowledge matter for the processes by which individuals move into and perform in all kinds of self-employment. We find that higher knowledge in management increases the likelihood to start a business and improves business performance. We also find that workers with higher knowledge in management perform better when they start an incorporated business.

Keywords: Entrepreneurship; Self-Employment; Occupational Choice; Firm Performance (search for similar items in EconPapers)
JEL-codes: J62 L25 L26 (search for similar items in EconPapers)
Pages: 63 pages
Date: 2023-12
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent, nep-knm, nep-lab and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:gre:wpaper:2023-19

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