{"product_id":"entrepreneurship-and-individual-remuneration-does-it-pay-to-be-an-entrepreneur","title":"Entrepreneurship and individual remuneration. Does it pay to be an entrepreneur?","description":"Seminar paper from the year 2016 in the subject Business economics - Miscellaneous, grade: 1,0, Humboldt-University of Berlin (Chair of Entrepreneurial and Behavioral Decision Making), course: Innovative Entrepreneurship, language: English, abstract: This literature overview examines five studies investigating the monetary returns to entrepreneurship compared to wage employment. It starts with a summary of findings up to 2007 by observing a meta study and follows by analyzing four recent empirical analyses. These apply various approaches to discover the link between entrepreneurship and individual remuneration: investigating returns to ability, comparing twins, using a broad definition of entrepreneurship, and correcting for underreporting. The results do not indicate a clear direction. Negative, positive and similar returns for entrepreneurs compared to employed individuals are found. However, if one assumes the problems of a restrictive definition of entrepreneurship and of income underreporting to be generally relevant, higher earnings of entrepreneurs seem plausible.","brand":"Buchserien.de","offers":[{"title":"Neuware","offer_id":53988641964370,"sku":"9783668491588","price":18.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0615\/7002\/3593\/files\/unnamed_bd6ef5ec-ed9e-449a-9bd7-58f2b59b5e03.jpg?v=1783933098","url":"https:\/\/www.buchserien.de\/products\/entrepreneurship-and-individual-remuneration-does-it-pay-to-be-an-entrepreneur","provider":"Buchserien.de","version":"1.0","type":"link"}