Author: Uusitalo R.

Source: Applied Economics, Volume 33, Number 13, 20 October 2001 , pp. 1631-1638(8)

Publisher: Routledge, part of the Taylor & Francis Group

Abstract:

This paper examines the determinants of self-employment and transitions from salaried employment to self-employment using two sets of Finnish data from the 1990s. The results show that capital constraints have only a minor effect on new business starts. Human capital, in the form of intergenerational links in self-employment and psychological factors play a much larger role. The paper also provides empirical evidence that less risk-averse workers are more likely to become entrepreneurs.

Language: English

Document Type: Research article

Publication date: 2001-10-20

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