Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20147
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dc.creatorWagner, Joachim-
dc.date2003-
dc.date.accessioned2013-10-16T07:08:58Z-
dc.date.available2013-10-16T07:08:58Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/20147-
dc.identifierppn:372808107-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/20147-
dc.descriptionIn a recent paper Edward Lazear proposed the jack-of-all-trades view of entrepreneurship. Based on a coherent model of the choice between self-employment and paid employment he shows that having a background in a large number of different roles increases the probability of becoming an entrepreneur. The intuition behind this proposition is that entrepreneurs must have sufficient knowledge in a variety of areas to put together the many ingredients needed for survival and success in a business, while for paid employees it suffices and pays to be a specialist in the field demanded by the job taken. This paper contributes to the entrepreneurship literature by empirically testing Lazear's hypothesis using a large recent representative sample of the German population. The empirical estimation takes the rare events nature of becoming a nascent entrepreneur and the regional stratification of the sample into account. The results illustrate the statistical significance and economic importance of the jack-of-all-trades theory.-
dc.languageeng-
dc.publisher-
dc.relationIZA Discussion paper series 911-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectR12-
dc.subjectJ23-
dc.subjectddc:330-
dc.subjectentrepreneurship-
dc.subjectjack-of-all-trades theory-
dc.subjectrare events logit-
dc.subjectGermany-
dc.subjectUnternehmer-
dc.subjectSelbständige-
dc.subjectPersönlichkeitspsychologie-
dc.subjectSchätzung-
dc.subjectDeutschland-
dc.titleAre Nascent Entrepreneurs Jacks-of-All-Trades? A Test of Lazear's Theory of Entrepreneurship with German Data-
dc.typedoc-type:workingPaper-
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