What makes a Die-Hard Entrepreneur? Trying, or Persisting in, Self-Employment

Andrew Burke, Michael A. Nolan and Felix FitzRoy

Papers on Entrepreneurship, Growth and Public Policy from Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group

Abstract: The paper makes three contributions to the economics literature on entrepreneurship. We offer a new measure of entrepreneurship which accounts for variations in persistence in self-employment. We outline an econometric methodology to account for this approach and find that it is superior to probit/logit models which have dominated the literature. While our results indicate that this existing literature is good at explaining an individual's propensity to try self-employment, we find that entrepreneurial persistence is determined by a different model and unearth some new insights into the roles of early career experience, finance, role models, gender and the unemployment push effect.

Keywords: Self-employment; entrepreneurial persistence; count data (search for similar items in EconPapers)
JEL-codes: C25 J23 (search for similar items in EconPapers)
Pages: 38 pages
New Economics Papers: this item is included in nep-bec, nep-ent and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
ftp://papers.econ.mpg.de/egp/discussionpapers/2005-23.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Failed to connect to FTP server papers.econ.mpg.de: No such host is known.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:esi:egpdis:2005-23

Ordering information: This working paper can be ordered from
http://www.econ.mpg. ... arch/EGP/discuss.php

Access Statistics for this paper

More papers in Papers on Entrepreneurship, Growth and Public Policy from Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group Contact information at EDIRC.
Bibliographic data for series maintained by Kerstin Schück ( this e-mail address is bad, please contact ).