The Emergence of New Entrepreneurs in Europe

39 Pages Posted: 23 Feb 2010

See all articles by Emilio Congregado

Emilio Congregado

University of Huelva

José María Millán

University of Huelva

Concepción Román

University of Huelva

Multiple version iconThere are 2 versions of this paper

Date Written: February 22, 2010

Abstract

This work tries to shed some light on the decision of becoming self-employed with and without employees, distinguishing between paid-employment and unemployment as starting status. In doing so, we apply binary and multinomial logit models to data drawn from the European Community Household Panel for the EU-15 (ECHP, 1994-2001). Thus, we provide some evidence supporting the existence of different factors affecting each considered transition both in terms of intensity and direction of the causal relationship. Finally our study also suggests the existence of idiosyncratic factors decreasing the probability of transition in some European countries, which might be related with specific countries institutional characteristics. We argue that our results provides some useful guidelines for the European Entrepreneurship policy, mainly on the need to establish different incentives schemes for fostering different types of transitions to self-employment.

Keywords: Entrepreneurship, self-employment, occupational choice, Europe

JEL Classification: J18, J24, J38, J44, J58, J62

Suggested Citation

Congregado, Emilio and Millan, Jose Maria and Román, Concepción, The Emergence of New Entrepreneurs in Europe (February 22, 2010). Available at SSRN: https://ssrn.com/abstract=1557331 or http://dx.doi.org/10.2139/ssrn.1557331

Emilio Congregado (Contact Author)

University of Huelva ( email )

Departament of Economics
Plaza de la Merced, 11
Huelva, Huelva 21002
Spain

HOME PAGE: http://www.uhu.es/emilio.congregado

Jose Maria Millan

University of Huelva ( email )

Plaza de la Merced 11
Huelva, Huelva 21071
Spain
+34959217886 (Phone)

Concepción Román

University of Huelva ( email )

Plaza de la Merced 11
Huelva, Huelva 21071
Spain
+34959217886 (Phone)

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