Self-Employment: Opportunity Pursuit for the Haves or Survival Strategy for the Have-nots

Bibliographic Details
Main Author:	Cui, Yan
Language:	English
Published:	University of Cincinnati / OhioLINK 2009
Subjects:	Sociology unincorporated/incorporated Self-Employment relative income self-employed not incorporated unincorporated self-employed income unincorporated self-employment
Online Access:	http://rave.ohiolink.edu/etdc/view?acc_num=ucin1242186244

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spelling	ndltd-OhioLink-oai-etd.ohiolink.edu-ucin12421862442021-08-03T06:13:08Z Self-Employment: Opportunity Pursuit for the Haves or Survival Strategy for the Have-nots Cui, Yan Sociology unincorporated/incorporated Self-Employment relative income self-employed not incorporated unincorporated self-employed income unincorporated self-employment <p>In a free market economy, entrepreneurship plays a central role in economic growth. There is a unanimous agreement that entrepreneurship creates new economic entities, promotes new markets and innovations, and introduces new goods and services. However, scholars disagree on the issue that why people start their own businesses in the first place.</p><p> The objective of this study is to investigate the impact of various socioeconomic indices on the probability of becoming self-employed. It sheds some light on who the new entrepreneurs are—the haves who start their own businesses as a career option to pursue more opportunities (opportunity pursuit theory), or the have-nots who use self-employment as a default to deal with economic hardship (survival strategy theory).</p><p> Using 2005 and 2006 Current Population Survey (CPS) data, this study applies multinomial regression analysis to examine 20,571 respondents’ socioeconomic indices and their employment status, either as being self-employed (unincorporated/incorporated) or as being employed workers. </p><p> By examining explanatory variables in the model, including prior employment experience and occupation-related variables, this study reveals that the self-employed should not be treated as a homogenous category. People who are in incorporated self-employment often fall in the category of the haves (i.e., higher earnings and professional status), which fits the opportunity pursuit theory; the unincorporated self-employed is in general associated with lower income and longer period of unemployment, which fits the survival strategy theory. Possible explanations are presented, and related policy implications are discussed.</p> 2009-07-13 English text University of Cincinnati / OhioLINK http://rave.ohiolink.edu/etdc/view?acc_num=ucin1242186244 http://rave.ohiolink.edu/etdc/view?acc_num=ucin1242186244 unrestricted This thesis or dissertation is protected by copyright: all rights reserved. It may not be copied or redistributed beyond the terms of applicable copyright laws.
collection	NDLTD
language	English
sources	NDLTD
topic	Sociology unincorporated/incorporated Self-Employment relative income self-employed not incorporated unincorporated self-employed income unincorporated self-employment
spellingShingle	Sociology unincorporated/incorporated Self-Employment relative income self-employed not incorporated unincorporated self-employed income unincorporated self-employment Cui, Yan Self-Employment: Opportunity Pursuit for the Haves or Survival Strategy for the Have-nots
author	Cui, Yan
author_facet	Cui, Yan
author_sort	Cui, Yan
title	Self-Employment: Opportunity Pursuit for the Haves or Survival Strategy for the Have-nots
title_short	Self-Employment: Opportunity Pursuit for the Haves or Survival Strategy for the Have-nots
title_full	Self-Employment: Opportunity Pursuit for the Haves or Survival Strategy for the Have-nots
title_fullStr	Self-Employment: Opportunity Pursuit for the Haves or Survival Strategy for the Have-nots
title_full_unstemmed	Self-Employment: Opportunity Pursuit for the Haves or Survival Strategy for the Have-nots
title_sort	self-employment: opportunity pursuit for the haves or survival strategy for the have-nots
publisher	University of Cincinnati / OhioLINK
publishDate	2009
url	http://rave.ohiolink.edu/etdc/view?acc_num=ucin1242186244
work_keys_str_mv	AT cuiyan selfemploymentopportunitypursuitforthehavesorsurvivalstrategyforthehavenots
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Self-Employment: Opportunity Pursuit for the Haves or Survival Strategy for the Have-nots

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