Book chapter
HOW DOES RELATIVE INCOME AFFECT ENTRY INTO PURE AND HYBRID ENTREPRENEURSHIP?
Advances in strategic management, pp 365-383
01 Jan 2020
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
We explore how absolute and relative incomes affect an individual's propensity to start a new business as a pure or hybrid entrepreneur. Using a sample of 12,686 individuals from the National Longitudinal Survey of Youth, 1979 cohort (NLSY79) in our empirical analyses, we find that individuals with high absolute income are generally less likely to engage in entrepreneurship. However, once absolute income is controlled, those with above-average relative income are more likely to become an entrepreneur, particularly in pure form as opposed to a hybrid one. Our findings provide more nuanced understanding on the differences between absolute and relative income levels influencing an individual's decision to become an entrepreneur, and if so, whether to engage in pure or hybrid form.
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Details
- Title
- HOW DOES RELATIVE INCOME AFFECT ENTRY INTO PURE AND HYBRID ENTREPRENEURSHIP?
- Creators
- Di Tong - Shanghai Int Studies Univ, Sch Business & Management, Shanghai, Peoples R ChinaDaniel Tzabbar - Drexel UniversityHaemin Dennis Park - Univ Texas Dallas, Naveen Jindal Sch Management, Entrepreneurship & Innovat, Richardson, TX 75083 USA
- Contributors
- D Tzabbar (Editor)B Cirillo (Editor)
- Publication Details
- Advances in strategic management, pp 365-383
- Series
- Advances in Strategic Management-A Research Annual
- Publisher
- Emerald Group Publishing; BINGLEY
- Number of pages
- 19
- Resource Type
- Book chapter
- Language
- English
- Academic Unit
- Management
- Web of Science ID
- WOS:000693396900025
- Scopus ID
- 2-s2.0-85087890381
- Other Identifier
- 991019168547004721
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- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Management