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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Self-exploitation or successful entrepreneurship?
T2 - The effects of personal capital on variable outcomes from self-employment
AU - Atherton, Andrew Michael
N1 - This article is (c) Emerald Group Publishing and permission has been granted for this version to appear here (URL of the record on the Pure Portal). Emerald does not grant permission for this article to be further copied/distributed or hosted elsewhere without the express permission from Emerald Group Publishing Limited.
PY - 2018/11/19
Y1 - 2018/11/19
N2 - PurposeThe purpose of this paper is to understand whether the personal capital of the entrepreneur positively or negatively affects outcomes from self-employment.Design/methodology/approachData from the UK’s longitudinal household surveys (BHPS, UKLHS) between 1991 and 2014 were analysed. Relationships between age, education, health and family status, income earned and hours worked were tested.FindingsEntrepreneurs with higher levels of personal capital enjoyed higher incomes. However, those with lower levels of personal capital were more likely to have negative returns from self-employment, and so experience it as “self-exploitation”.Research limitations/implicationsA basis for understanding different outcomes from self-employment was developed and tested.Practical implicationsSpecific characteristics of continuing and new entrepreneurs were identified that are positively associated with beneficial outcomes from self-employment.Originality/valuePositive and negative outcomes from self-employment are explained. The notion of personal capital is developed as an explanatory framework for variable outcomes from self-employment.
AB - PurposeThe purpose of this paper is to understand whether the personal capital of the entrepreneur positively or negatively affects outcomes from self-employment.Design/methodology/approachData from the UK’s longitudinal household surveys (BHPS, UKLHS) between 1991 and 2014 were analysed. Relationships between age, education, health and family status, income earned and hours worked were tested.FindingsEntrepreneurs with higher levels of personal capital enjoyed higher incomes. However, those with lower levels of personal capital were more likely to have negative returns from self-employment, and so experience it as “self-exploitation”.Research limitations/implicationsA basis for understanding different outcomes from self-employment was developed and tested.Practical implicationsSpecific characteristics of continuing and new entrepreneurs were identified that are positively associated with beneficial outcomes from self-employment.Originality/valuePositive and negative outcomes from self-employment are explained. The notion of personal capital is developed as an explanatory framework for variable outcomes from self-employment.
KW - Self-employment
KW - Entrepreneur
KW - Financial outcomes
KW - Non-financial outcomes
KW - Personal capital
U2 - 10.1108/JSBED-02-2018-0048
DO - 10.1108/JSBED-02-2018-0048
M3 - Journal article
VL - 25
SP - 866
EP - 885
JO - Journal of Small Business and Enterprise Development
JF - Journal of Small Business and Enterprise Development
SN - 1462-6004
IS - 6
ER -