Employees’ entrepreneurial contributions to firms in Russia, 1995-2004
Richard Croucher and
Marian Rizov
EconStor Open Access Articles and Book Chapters, 2011, vol. 21, issue 4, 415-431
Abstract:
This article examines how employee self-reported entrepreneurial contributions evolved in firms operating in Russia in 1995-2004 and whether changes can be explained by Akerlof's theory of implicit gift exchange in labour contracts. We find that these contributions were indeed influenced by wage premia and shifting work norms, declining by about a half during the period and with a particularly marked fall in contributions by manual workers. The trend was found among foreign-owned, private Russianowned and state-owned companies. Akerlof's model therefore helps explain Russian workers' changing behaviour.
Keywords: employee entrepreneurship; implicit gift exchange; labour contracts; transition (search for similar items in EconPapers)
JEL-codes: D22 J21 J24 J31 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:183196
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