Selection into Entrepreneurship, Income Mobility and Firm Performance
利用芬兰全人口数据,发现高收入者更可能创办新公司且企业更成功,但父母收入与创业选择无关;创业带来相似的收入增长,有助于各背景人群向上流动。
Using full-population data from Finland, we show that individuals at the top of the income distribution are significantly more likely to start new incorporated businesses. High-income earners also establish more successful and productive businesses than others. In contrast, parental income is not linked with selection into new entrepreneurship or firm-level outcomes. We find that income gains from entrepreneurship are rather similar across individual and parental characteristics, and that entrepreneurship is associated with upward income mobility regardless of initial income levels. Overall, our findings suggest that entrepreneurship can serve as an upward economic ladder for individuals from diverse backgrounds.