Small business economics, 2022-04, Vol.58 (4), p.2211-2233
2022
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Details
- Autor(en) / Beteiligte
- Titel
- Does working at a start-up pay off?
- Ist Teil von
- Small business economics, 2022-04, Vol.58 (4), p.2211-2233
- Ort / Verlag
- New York, NY: Springer US
- Erscheinungsjahr
- 2022
- Quelle
- EBSCOhost Business Source Ultimate
- Beschreibungen/Notizen
- Using representative linked employer-employee data for Germany, this paper analyzes short- and long-run differences in labor market performance of workers joining start-ups instead of incumbent firms. Applying entropy balancing and following individuals over ten years, we find huge and long-lasting drawbacks from entering a start-up in terms of wages, yearly income, and (un)employment. These disadvantages hold for all groups of workers and types of start-ups analyzed. Although our analysis of different subsequent career paths highlights important heterogeneities, it does not reveal any strategy through which workers joining start-ups can catch up with the income of similar workers entering incumbent firms.
- Sprache
- Englisch
- Identifikatoren
- ISSN: 1573-0913, 0921-898XeISSN: 1573-0913DOI: 10.1007/s11187-021-00508-2Titel-ID: cdi_proquest_journals_2644218051
- Format
- –
- Schlagworte
- Business and Management, Career development, Companies, Earnings, Employees, Employers, Employment, Entrepreneurship, Entropy, Germany, Industrial Organization, Labor market, Linked employer-employee data, Management, Microeconomics, Start-ups, Startups, Wage differential, Wages, Wages & salaries, Workers, Young firms