SECURING ONE'S OWN JOB OR DEVELOPING ONE'S FIRM: THE ENTREPRENEURIAL OBJECTIVE WHEN STARTING A BUSINESS

Desiage Lionel

Abstract: I This paper deals with entrepreneurs' objectives when starting a business. At the very beginning of the firm, the entrepreneur chooses to secure their jobs or to develop their firms. We provide evidence on the determinants of individuals' aim using a rich database made of an entrepreneur survey gathering entrepreneur and firm characteristics. We implement probit models on differ ent subsamples to emphasize some covariate e ects. People who are the most discriminated on the labor market are more likely to create their own job than developing the firm.

Keywords: entrepreneurship, individual objectives

DOI:

Recieved: 07.08.2009  Accepted: 01.11.2009  UDC: 005.7

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