nep-ent New Economics Papers
on Entrepreneurship
Issue of 2008‒05‒10
three papers chosen by
Marcus Dejardin
Notre-Dame de la Paix University

  1. Never the Same After the First Time: The Satisfaction of the Second-Generation Self-Employed By Clark, Andrew E.; Colombier, Nathalie; Masclet, David
  2. Features of Successful Entrepreneurs in Estonia By Tiit Elenurm; Ruth Alas
  3. Trade Liberalization and Industry Dynamics: A Difference in Difference Approach By Roberto Alvarez; Ricardo Lopez

  1. By: Clark, Andrew E. (PSE); Colombier, Nathalie (University of Rennes); Masclet, David (University of Rennes)
    Abstract: Previous empirical work has shown that the self-employed are generally more satisfied than salaried workers. This paper contributes to the existing literature in two ways. First, using French data from the ECHP and British data from the BHPS, we investigate the domains over which this differential operates. We show that, after controlling for occupation, self-employed workers are generally more satisfied with working conditions and pay, but less satisfied than employees with respect to job security. We then consider the differences between the first- and second-generation self-employed. The first-generation self-employed (those whose parents were not self-employed) are more satisfied overall than are the second-generation self-employed. We argue that this finding is consistent with the self-employed partly comparing their labor market outcomes with those of their parents, as well as parental transfers which loosen the self-employment participation constraint. This result is found in both pooled and panel analysis.
    Keywords: satisfaction, self-employment, parents, intergenerational comparisons
    JEL: J20 J21 J23 J24
    Date: 2008–04
  2. By: Tiit Elenurm (Estonian Business School); Ruth Alas (Estonian Business School)
    Abstract: This paper is based on the E-World research programme focusing on international perspectives of entrepreneurship. In the first stage of this international research project, each country had to conduct focus groups in order to develop a preliminary list of traits and behavioural patterns of successful entrepreneurs. Focus groups combined with individual assessments were used for this task. The following features of successful entrepreneurs in Estonia in 2007 were pointed out most often by all categories of respondents: courage to take risks, openness to new information, flexibility, creativity and determination. Networking and acquiring capital, but also selecting the right team and following agreements were described as ways to success. The focus groups stressed some success factors that were seen as being more important for entrepreneurs operating in Estonia in 2007 than in the 1990s: broad world view, wide social network, innovativeness and creativity and lobbying within EU-related structures.
    Keywords: entrepreneur, personality traits, image of entrepreneurship, entrepreneurial features, focus groups, business environment, networking, entrepreneurship training
    JEL: L26 M53
    Date: 2008
  3. By: Roberto Alvarez (Central Bank of Chile); Ricardo Lopez (Indiana University Bloomington)
    Abstract: Recent models of trade with firm heterogeneity predict that opening to trade reduces the number of firms, increases the average size of firms, and decreases firms’ markups. This paper uses a large dataset for 28 manufacturing industries and 46 countries to test these predictions. The econometric analysis based on the treatment effects literature shows that on average, trade liberalizations do not decrease the number of firms nor increase the average size of firms. Markups appear to decrease during the three years after the liberalization. We also find that the number of firms and the average size of firms increase in comparative advantage industries.
    Keywords: Trade Liberalization, Industry Dynamics, Treatment Effects
    JEL: F10 L11
    Date: 2008–04

This nep-ent issue is ©2008 by Marcus Dejardin. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.