Entrepreneurial Couples

Michael S. Dahl, Mirjam Van Praag, Peter Thompson

    Research output: Working paperResearch

    Abstract

    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.
    Original languageEnglish
    Place of PublicationAmsterdam
    PublisherTinbergen Institute
    Number of pages27
    Publication statusPublished - 2014
    SeriesTinbergen Institute Discussion Papers
    Number14-055/V
    SeriesIZA Discussion Paper
    Number8186

    Cite this

    Dahl, M. S., Van Praag, M., & Thompson, P. (2014). Entrepreneurial Couples. Amsterdam: Tinbergen Institute. Tinbergen Institute Discussion Papers, No. 14-055/V, IZA Discussion Paper, No. 8186
    Dahl, Michael S. ; Van Praag, Mirjam ; Thompson, Peter. / Entrepreneurial Couples. Amsterdam : Tinbergen Institute, 2014. (Tinbergen Institute Discussion Papers; No. 14-055/V). (IZA Discussion Paper; No. 8186).
    @techreport{0de5627774b14df79f5df6ab71276933,
    title = "Entrepreneurial Couples",
    abstract = "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.",
    keywords = "Entrepreneurship, Motives, Performance, Couples, Co-entrepreneurship",
    author = "Dahl, {Michael S.} and {Van Praag}, Mirjam and Peter Thompson",
    year = "2014",
    language = "English",
    series = "Tinbergen Institute Discussion Papers",
    publisher = "Tinbergen Institute",
    number = "14-055/V",
    address = "Netherlands",
    type = "WorkingPaper",
    institution = "Tinbergen Institute",

    }

    Dahl, MS, Van Praag, M & Thompson, P 2014 'Entrepreneurial Couples' Tinbergen Institute, Amsterdam.

    Entrepreneurial Couples. / Dahl, Michael S.; Van Praag, Mirjam; Thompson, Peter.

    Amsterdam : Tinbergen Institute, 2014.

    Research output: Working paperResearch

    TY - UNPB

    T1 - Entrepreneurial Couples

    AU - Dahl, Michael S.

    AU - Van Praag, Mirjam

    AU - Thompson, Peter

    PY - 2014

    Y1 - 2014

    N2 - 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.

    AB - 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.

    KW - Entrepreneurship

    KW - Motives

    KW - Performance

    KW - Couples

    KW - Co-entrepreneurship

    M3 - Working paper

    T3 - Tinbergen Institute Discussion Papers

    BT - Entrepreneurial Couples

    PB - Tinbergen Institute

    CY - Amsterdam

    ER -

    Dahl MS, Van Praag M, Thompson P. Entrepreneurial Couples. Amsterdam: Tinbergen Institute. 2014.