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: |
2014-05-08
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Authors: | Dahl, Michael S. ; Praag, Mirjam van ; Thompson, Peter |
Institutions: | Tinbergen Instituut |
Subject: | Entrepreneurship | motives | performance | couples | co-entrepreneurship |
Saved in:
freely available
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Notes: | The text is part of a series Tinbergen Institute Discussion Papers Number 14-055/V |
Classification: | J12 - Marriage; Marital Dissolution; Family Structure ; L26 - Entrepreneurship |
Source: |
Persistent link: https://www.econbiz.de/10011256068