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2010 | 3 | nr 1 | 59--69
Tytuł artykułu

The Relationship between Entrepreneurship and Unemployment in the Business Cycle

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Connections between the situation in the labour market and entrepreneurship are of at least two kinds. Firstly, the situation on the labour market, especially connected with unemployment, is often treated as negative motivation for entrepreneurial undertakings according to recessional push theory. Secondly, labour is one of the production factors, so paid workers influence entrepreneurship through the possibility of enterprise growth. To investigate this relationship, entrepreneurs are divided into two groups, self-employed persons (entrepreneurs without any workers), and proper entrepreneurs (entrepreneurs who employ paid workers). The context of business cycle as time perspective is used. Two hypotheses are tested. Firstly, the cyclical changes in activity of self-employment and proper entrepreneurship react differently on the fluctuations in reference cycle, the fluctuations of self-employment are countercyclical, and the fluctuations of proper entrepreneurship are procyclical. Secondly, the cyclical changes of unemployment and wages influence on the fluctuations of self-employment as negative motivation while on the fluctuations of proper entrepreneurship as production factor. These hypotheses received positive verification based on time series for Poland, covering the years 1993-2009. (original abstract)
Rocznik
Tom
3
Numer
Strony
59--69
Opis fizyczny
Twórcy
  • Poznań University of Economics, Poland
Bibliografia
  • 1. Abell, P., R.Crouchley, and C. Mills. 2001. Social Capital and Entrepreneurship in Great Britain. Enterprise and Innovation Management Studies 2: 119-44.
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  • 3. Alba-Ramirez A. 1994. Self-employment in the midst of unemployment: the case of Spain and the United States. Applied Economics 26: 189-204.
  • 4. Banerjee A. V., A. F. Newman. 1993. Occupational Choice and the Process of Development. Journal of Political Economy 101: 274-98.
  • 5. Bates T. 1985. Entrepreneur Human Capital Endowments and Minority Business Viability. The Journal of Human Resources 20: 540-54.
  • 6. Bates T. 1990. Entrepreneur Human Capital Inputs and Small Business Longevity. The Review of Economics and Statistics 72: 551-59.
  • 7. Bernhardt I. 1994. Comparative advantage in self - employment and paid work. Canadian Journal of Economics 27: 273-89.
  • 8. Bird B. 1988. Implementing Entrepreneurial Ideas: The Case for Intention. Academy of Management Review 13: 442-53.
  • 9. Blanchflower D. G. 2000. Self - Employment in OECD Countries. NBER Working Paper 7486.
  • 10. Blanchflower D.G., A.J. Oswald. 1998. What Makes an Entrepreneur? Journal of Labor Economics 16: 26-60.
  • 11. Blau D. M. 1987. A Time - Series Analysis of Self - Employment in the United States. Journal of Political Economy 95: 445-67.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171254469

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