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Simon Parker |
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''Which firms do the entrepreneurs come from?'' |
( 2007, Vol. 10 No.10 ) |
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Entrepreneurs who found new firms tend to work as employees in small rather than large firms prior to start-up and have previous experience of entrepreneurship. We provide a model of self-selection based on heterogeneous risk preferences which can explain these stylized facts. |
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Keywords: |
JEL: J2 - Demand and Supply of Labor: General
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Manuscript Received : May 18 2007 | | Manuscript Accepted : Aug 02 2007 |
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