What is necessary to make entrepreneurship sector successful? It seems like two key factors in this matter are quantity of financial capital and quality of human capital. So far, studies on innovative firms were rather focused on spending on resources, and not on qualification of people who are entering entrepreneurship sector. Using concept of so-called talent workers (Hsieh et al. 2013) we check who is entering self-employment in Poland. Our question is whether people who enter self-employment are more likely to create successful businesses. The analysis is based on the labor force survey panel data for Poland for over a decade between 2001 and 2013. We found that talent workers were more likely to become self-employed in this period. Results are robust on two possibly confounding effects – within sector mobility and productivity of workers before entering self-employment.
Opublikowane | Published
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Talent workers as entrepreneurs: a new approach to aspirational self-employment | Bank i Kredyt Przeczytaj streszczenie | Read abstract
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Age-productivity patterns in talent occupations for men and women: a decomposition | Post-Communist Economies Przeczytaj streszczenie | Read abstract
One could expect that in the so-called talent occupations, while access to these professions may differ between men and women, the gender wage gap should actually be smaller owing to the high relevance of human capital quality. Wage regressions typically suggest an inverted U-shaped age–productivity pattern. However, such analyses confuse age, cohort and year effects. Deaton decomposition allows us to disentangle these effects. We apply this method to investigate the age–productivity pattern for the so-called ‘talent’ occupations. Using data from a transition economy (Poland) we find that talent occupations indeed have a steeper age–productivity pattern. However, gender differences are larger for talent occupations than for general occupations.