Entrepreneurial Couples

Michael S. Dahl, Mirjam Van Praag, Peter Thompson

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    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 post-dissolution 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 co-entrepreneurship.
    Original languageEnglish
    Publication date2014
    Number of pages27
    Publication statusPublished - 2014
    EventThe DRUID Society Conference 2014: Entrepreneurship - Organization - Innovation - Copenhagen Business School, Frederiksberg, Denmark
    Duration: 16 Jun 201418 Jun 2014
    Conference number: 36
    http://druid8.sit.aau.dk/druid/registrant/index/login/cid/15

    Conference

    ConferenceThe DRUID Society Conference 2014
    Number36
    LocationCopenhagen Business School
    CountryDenmark
    CityFrederiksberg
    Period16/06/201418/06/2014
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    Cite this

    Dahl, M. S., Van Praag, M., & Thompson, P. (2014). Entrepreneurial Couples. Paper presented at The DRUID Society Conference 2014, Frederiksberg, Denmark.