Entrepreneurial Couples

Michael S. Dahl, Mirjam Van Praag, Peter Thompson

    Publikation: Working paperForskning

    Abstrakt

    We study possible motivations for co-entrepenurial couples to start up a joint firm, using a sample of 1,069 Danish couples that established a joint enterprise between 2001 and 2010. We compare their pre-entry characteristics, firm performance and postdissolution private and financial outcomes with a selected set of comparable firms and couples. We find evidence that couples often establish a business together because one spouse – most commonly the female – has limited outside opportunities in the labor market. However, the financial benefits for each of the spouses, and especially the female, are larger in co-entrepreneurial firms, both during the life of the business and post-dissolution. The start-up of co-entrepreneurial firms seems therefore a sound investment in the human capital of both spouses as well as in the reduction of income inequality in the household. We find no evidence of non-pecuniary benefits or costs of coentrepreneurship.
    OriginalsprogEngelsk
    UdgivelsesstedAmsterdam
    UdgiverTinbergen Institute
    Antal sider27
    StatusUdgivet - 2014
    NavnTinbergen Institute Discussion Papers
    Nummer14-055/V
    NavnIZA Discussion Paper
    Nummer8186

    Emneord

    • Entrepreneurship
    • Motives
    • Performance
    • Couples
    • Co-entrepreneurship

    Citationsformater