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Displaying results 1 to 6 of 6.

  1. If you are so smart, why arent́ you an entrepreneur?
    returns to cognitive and social ability ; entrepreneurs versus employees
    Published: 2008
    Publisher:  Univ. [u.a.], Jena

    How valuable are cognitive and social abilities for entrepreneurs' incomes as compared to employees? We answer three questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2) Do... more

    Staats- und Universitätsbibliothek Bremen
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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    Thüringer Universitäts- und Landesbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 78 (2008.084)
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    How valuable are cognitive and social abilities for entrepreneurs' incomes as compared to employees? We answer three questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2) Do different cognitive abilities (e.g. math ability, language ability) and social ability affect earnings of entrepreneurs and employees differently?, and (3) Does the balance in these measured ability levels affect an individual's earnings? Our individual fixed-effects estimates of the differential returns to ability for spells in entrepreneurship versus wage employment account for selectivity into entrepreneurial positions as determined by fixed individual characteristics. General ability has a stronger impact on entrepreneurial incomes than on wages. Entrepreneurs and employees benefit from different sets of specific abilities: Language and clerical abilities have a stronger impact on wages, whereas mathematical, social and technical ability affect entrepreneurial incomes more strongly. The balance in the various kinds of ability also generates a higher income, but only for entrepreneurs: This finding supports Lazear's Jack-of-all-Trades theory. -- (Non-)cognitive abilities ; intelligence, earnings ; entrepreneur(ship) ; wage employment ; income differentials

     

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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/31773
    Series: Jena economic research papers ; 2008,084
    Subjects: Berufswahl; Entrepreneurship; Arbeitskräfte; Soziale Kompetenz; Kognition; Erwerbsverlauf; Einkommen; USA
    Scope: Online-Ressource, (28 S.), graph. Darst., Kt.
  2. If you are so smart, why aren't you an entrepreneur? Returns to cognitive and social ability
    entrepreneurs versus employees
    Published: 2009
    Publisher:  LSE, London

    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 117 (070)
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: RICAFE 2 working paper / London School of Economics and Political Science ; 070
    Subjects: Berufswahl; Entrepreneurship; Arbeitskräfte; Soziale Kompetenz; Kognition; Erwerbsverlauf; Einkommen; USA
    Scope: Online-Ressource (PDF-Datei: 35 S.), graph. Darst.
  3. The effect of early entrepreneurship education
    evidence from a randomized field experiment
    Published: 2012
    Publisher:  IZA, Bonn

    The aim of this study is to analyze the effectiveness of early entrepreneurship education. To this end, we conduct a randomized field experiment to evaluate a leading entrepreneurship education program that is taught worldwide in the final grade of... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 4 (6512)
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    The aim of this study is to analyze the effectiveness of early entrepreneurship education. To this end, we conduct a randomized field experiment to evaluate a leading entrepreneurship education program that is taught worldwide in the final grade of primary school. We focus on pupils' development of relevant skill sets for entrepreneurial activity, both cognitive and non-cognitive. The results indicate that cognitive entrepreneurial skills are unaffected by the program. However, the program has a robust positive effect on non-cognitive entrepreneurial skills. This is surprising since previous evaluations found zero or negative effects. Because these earlier studies all pertain to education for adolescents, our result tentatively suggests that non-cognitive entrepreneurial skills are best developed at an early age. -- skill formation ; field experiment ; entrepreneurship education ; entrepreneurship

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/58654
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 6512
    Subjects: Gründungsausbildung; Unternehmer; Kognition; Feldforschung
    Scope: Online-Ressource (PDF-Datei: 30 S., 2,27 MB), Ill.
  4. Ability dispersion and team performance
    a field experiment
    Published: 2012
    Publisher:  IZA, Bonn

    This paper studies the impact of diversity in cognitive ability among members of a team on their performance. We conduct a large field experiment in which teams start up and manage real companies under identical circumstances. Exogenous variation in... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 4 (7044)
    No inter-library loan

     

    This paper studies the impact of diversity in cognitive ability among members of a team on their performance. We conduct a large field experiment in which teams start up and manage real companies under identical circumstances. Exogenous variation in - otherwise random - team composition is imposed by assigning individuals to teams based on their measured cognitive abilities. The setting is one of business management practices in the longer run where tasks are diverse and involve complex decision-making. We propose a model in which greater ability dispersion generates greater knowledge for a team, but also increases the costs of monitoring necessitated by moral hazard. Consistent with the predictions of our model, we find that team performance as measured in terms of sales, profits and profits per share first increases, and then decreases, with ability dispersion. Teams with a moderate degree of ability dispersion also experience fewer dismissals due to fewer shirking members in those teams. -- ability dispersion ; team performance ; field experiment ; entrepreneurship ; knowledge pooling ; moral hazard

     

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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/69434
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 7044
    Subjects: Arbeitsgruppe; Kognition; Arbeitsleistung; Feldforschung; Unternehmer; Planspiel
    Scope: Online-Ressource, graph. Darst.
  5. The effect of early entrepreneurship education
    evidence from a randomized field experiment

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    No inter-library loan
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/87425
    Series: Array ; 2012,041
    Subjects: Gründungsausbildung; Unternehmer; Kognition; Feldforschung
    Scope: Online-Ressource (30 S.), Ill.
  6. Ability dispersion and team performance
    a field experiment

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    No inter-library loan
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/87398
    Series: Array ; 2012,130
    Subjects: Arbeitsgruppe; Kognition; Arbeitsleistung; Feldforschung; Unternehmer; Planspiel
    Scope: Online-Ressource (32 S.), graph. Darst.