2017

Gross, Net, and New Job Creation by Entrepreneurs

Reprint No. 2017:52

Author(s): Thomas Åstebro and Joacim TågYear: 2017 Title: Journal of Business Venturing Insights Volume (No.): 8 (November) Pages: 64–70
Online article (restrictions may apply)
Preliminary version


Using a dataset with over 24 million year-employment observations and the universe of more than 230,000 entries into entrepreneurship in one economy we analyze the gross (including the founders), net (excluding the founders), and new (jobs to the former unemployed or those outside the labor force) job creation by entrepreneurs two and six years after start-up. These novel measures of job creation show that the average entrepreneur does not create any jobs for any other than him/her-self, and typically arrives from having another job. Thus, short term job creation by entrepreneurs involves a reshuffling of jobs from older to new firms rather than creating new jobs.


Reference:
Åstebro, Thomas and Joacim Tåg (2017), "Gross, Net, and New Job Creation by Entrepreneurs". Journal of Business Venturing Insights 8(November), 64–70.

Joacim Tåg

Contact

Ph: +46 8 665 4524
joacim.tag@ifn.se

Thomas Åstebro

Contact

Ph: +33 1 39677483
astebro@hec.fr

An Agenda for Europe

Institutional Reform for Innovation and Entrepreneurship

Omslag 2017 Institutional Reform for Innovation and Entrepreneurship.jpg

The authors of this book, Niklas Elert, Magnus Henrekson and Mikael Stenkula, advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal.

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