Entrepreneurial Couples
We study possible motivations for co-entrepenurial couples to start up a joint firm, using a sample of 1,069 Danish couples that established a joint enterprise between 2001 and 2010. We compare their pre-entry characteristics, firm performance and postdissolution private and financial outcomes with a selected set of comparable firms and couples. We find evidence that couples often establish a business together because one spouse - most commonly the female - has limited outside opportunities in the labor market. However, the financial benefits for each of the spouses, and especially the female, are larger in co-entrepreneurial firms, both during the life of the business and post-dissolution. The start-up of co-entrepreneurial firms seems therefore a sound investment in the human capital of both spouses as well as in the reduction of income inequality in the household. We find no evidence of non-pecuniary benefits or costs of coentrepreneurship
Year of publication: |
2014
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Authors: | Dahl, Michael S. ; van Praag, Mirjam ; Thompson, Peter |
Publisher: |
Amsterdam and Rotterdam : Tinbergen Institute |
Subject: | Entrepreneurship | motives | performance | couples | co-entrepreneurship. |
Saved in:
freely available
Series: | Tinbergen Institute Discussion Paper ; 14-055/V |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 785249885 [GVK] hdl:10419/98875 [Handle] RePEc:dgr:uvatin:20140055 [RePEc] |
Classification: | J12 - Marriage; Marital Dissolution; Family Structure ; L26 - Entrepreneurship |
Source: |
Persistent link: https://www.econbiz.de/10010377200