000			01453cam a2200169 4500500
005			20250121084800.0
041			_afre
042			_adc
100	1	0	_aKolvereid, Lars _eauthor
700	1	0	_a Hanssen, Thor-Erik Sandberg _eauthor
245	0	0	_aIncome penalties associated with entrepreneurs’ exit from self-employment
260			_c2021.
500			_a51
520			_aThis 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
786	0		_nJournal of Innovation Economics & Management | o 35 | 2 | 2021-04-19 | p. 131-149
856	4	1	_uhttps://shs.cairn.info/journal-of-innovation-economics-2021-2-page-131?lang=en&redirect-ssocas=7080
999			_c506432 _d506432