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Essays in entrepreneurship, motivati...

Petrova, Kameliia Petrova.

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Essays in entrepreneurship, motivation and autonomy.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Essays in entrepreneurship, motivation and autonomy./
Author:	Petrova, Kameliia Petrova.
Description:	74 p.
Notes:	Source: Dissertation Abstracts International, Volume: 67-02, Section: A, page: 0665.
Contained By:	Dissertation Abstracts International67-02A.
Subject:	Economics, Commerce-Business. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3207045
ISBN:	9780542565656

Essays in entrepreneurship, motivation and autonomy.
Petrova, Kameliia Petrova.

Essays in entrepreneurship, motivation and autonomy. - 74 p.

Source: Dissertation Abstracts International, Volume: 67-02, Section: A, page: 0665.

Thesis (Ph.D.)--Boston College, 2006.

Why do people become part-time entrepreneurs? Previous studies on entrepreneurship do not deal with part-timers, that is, workers who devote some of their time to self employment and some of their time to working for wages. In contrast, a recent survey on the establishment of new businesses reports that 80 percent of nascent entrepreneurs also hold regular wage jobs. I develop a model of entrepreneurial choice in which individuals decide not only how much capital to invest, but also what proportion of time to spend in business. The model allows me to test whether entrepreneurs are credit-constrained. I use a new and unique data set that looks at how nascent entrepreneurs divide their time between their own businesses and other jobs. My empirical findings show that part-time entrepreneurs do not appear to be constrained. This is not to say that no entrepreneur is credit-constrained. Instead, the result points to the marginal entrepreneur.

ISBN: 9780542565656Subjects--Topical Terms:

626649
Economics, Commerce-Business.

Essays in entrepreneurship, motivation and autonomy.
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245 1 0 $a Essays in entrepreneurship, motivation and autonomy.
300 $a 74 p.
500 $a Source: Dissertation Abstracts International, Volume: 67-02, Section: A, page: 0665.
500 $a Adviser: Peter Gottschalk.
502 $a Thesis (Ph.D.)--Boston College, 2006.
520 $a Why do people become part-time entrepreneurs? Previous studies on entrepreneurship do not deal with part-timers, that is, workers who devote some of their time to self employment and some of their time to working for wages. In contrast, a recent survey on the establishment of new businesses reports that 80 percent of nascent entrepreneurs also hold regular wage jobs. I develop a model of entrepreneurial choice in which individuals decide not only how much capital to invest, but also what proportion of time to spend in business. The model allows me to test whether entrepreneurs are credit-constrained. I use a new and unique data set that looks at how nascent entrepreneurs divide their time between their own businesses and other jobs. My empirical findings show that part-time entrepreneurs do not appear to be constrained. This is not to say that no entrepreneur is credit-constrained. Instead, the result points to the marginal entrepreneur.
520 $a Do firms use autonomy to motivate workers, or do they give autonomous jobs to workers who are already especially motivated? A standard result in economics is that firms offer autonomous jobs to promote worker motivation. But surprisingly, little attention has been given to the details of this practice of giving autonomy to especially motivated workers. I show that motivation may trigger autonomy, and thus that firms may benefit from screening for intrinsically motivated workers. I assume that workers differ in their degree of motivation, and that motivated workers have a lower cost of processing information than unmotivated ones. While motivated workers concentrate on searching for available information, unmotivated ones focus on ignoring certain information as irrelevant. Therefore, firms gain efficiency from giving the more motivated workers a higher degree of autonomy. I test this hypothesis with data from the Health and Retirement Survey, which provides unique information on individuals' motives and autonomy on the job. Estimating a continuous latent variable model, I find evidence that motivated workers are more likely to be in autonomous jobs, and that they receive higher wages in autonomous jobs.
590 $a School code: 0016.
650 4 $a Economics, Commerce-Business. $3 626649
650 4 $a Economics, Labor. $3 1019135
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791 $a Ph.D.
792 $a 2006
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3207045