TY  - RPRT
        AU  - Parker, Simon C.
        TI  - A Selection-Based Theory of the Transition from Employment to Entrepreneurship: The Role of Employer Size
        PY  - 2006/Apr/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 2071
        UR  - https://www.iza.org/index.php/publications/dp2071
        AB  - A simple occupational choice model is used to predict that entrepreneurs who found new firms are more likely to work for small than for large firms prior to start-up. The mechanism underlying the result is heterogeneous risk aversion. The model also predicts a positive association between new firm formation and previous self-employment experience. These predictions accord with previous empirical findings, but notably self-selection rather than productivity effects can explain them.
        KW  - entrepreneurship
KW  - occupational choice
KW  - firm size
        ER  -