{"product_id":"entrepreneurship-and-individual-remuneration-does-it-pay-to-be-an-entrepreneur-von-justus-kirchhoff","title":"Entrepreneurship and individual remuneration. Does it pay to be an entrepreneur?","description":"\u003cp\u003eSeminar 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.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783668491588\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783668491588","offer_id":39452153020509,"sku":"9783668491588","price":18.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/bda61ed3-b941-4a17-b52f-2f7370fbe8b1.jpg?v=1778389034","url":"https:\/\/shop.autorenwelt.de\/products\/entrepreneurship-and-individual-remuneration-does-it-pay-to-be-an-entrepreneur-von-justus-kirchhoff","provider":"Autorenwelt Shop","version":"1.0","type":"link"}