Research on entrepreneurship generally answers the following questions: how entrepreneurs act, what happens when entrepreneurs act, and why people choose to become entrepreneurs. Douglas and Shepherd examine the reasons that motivate some people to become entrepreneurs, why others choose to be...

Although self-employed individuals represent an important section of the U.S. labor force, the scholarship on careers focuses primarily on job mobility patterns within and across established firms, neglecting the aspect of self-employment. A dynamic utility-maximizing model of career choice...