Does working at a start-up pay off?

Beschreibung

"Using representative linked employer-employee data for Germany, this paper analyzes short- and long-run differences in labor market performance of workers joining start-ups instead of incumbent firms. Applying entropy balancing and following individuals over ten years, we find huge and long-lasting drawbacks from entering a start-up in terms of wages, yearly income, and (un)employment. These disadvantages hold for all groups of workers and types of start-ups analyzed. Although our analysis of different subsequent career paths highlights important heterogeneities, it does not reveal any strategy through which workers joining start-ups can catch up with the income of similar workers entering incumbent firms." (Author's abstract, IAB-Doku, © Springer-Verlag) ((en))

Zitationshinweis

Fackler, Daniel, Lisa Hölscher, Claus Schnabel & Antje Weyh (2022): Does working at a start-up pay off? In: Small business economics, Jg. 58, H. 4, S. 2211-2233. DOI:10.1007/s11187-021-00508-2