TY  - BOOK
AU  - Kolvereid,Lars
AU  -  Hanssen,Thor-Erik Sandberg
TI  - Income penalties associated with entrepreneurs’ exit from self-employment
PY  - 2021///.
							
N1  - 51
N2  - This study investigates income among salaried employees who were self-employed between 2005 and 2015 and returned to salaried employment in 2016. We argue that salaried employees who experiment with self-employment are likely to suffer a short-term income penalty when they return to wage employment. The hypotheses are tested in a large sample of Norwegian full-time employed non-entrepreneurs who became self-employed between 2005 and 2015 and returned to paid employment in 2016. The findings indicate that the relationship between the number of years as self-employed and income is U-shaped. The findings also show that the income penalty associated with former self-employment can be reduced by returning to the initial employer and by taking advantage of industry experience obtained from business ownership when choosing employer. JEL Codes: J01, J30, J31
UR  - https://shs.cairn.info/journal-of-innovation-economics-2021-2-page-131?lang=en&redirect-ssocas=7080
ER  -