|کد مقاله||سال انتشار||مقاله انگلیسی||ترجمه فارسی||تعداد کلمات|
|102411||2017||16 صفحه PDF||سفارش دهید||10725 کلمه|
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)
Journal : Journal of Business Venturing, Volume 32, Issue 6, November 2017, Pages 611-626
Using the 1979â2010 waves of the National Longitudinal Survey of Youth, our study tracks the earnings of individual entrepreneurs from the beginning of their entrepreneurial careers, examining the effects of labor markets on their earnings trajectory. Results show that apart from self-selection, labor markets impose a penalty on the initial earnings of entrepreneurs who start a business in adverse economic conditions, a disadvantage that persists for up to a decade. We also identify two factors expected to alleviate the imprinting effect of labor markets: migration outside the imprinting environment and serial entrepreneurship.