Working Paper No. 970

Experience and Entrepreneurship

Published: August 6, 2013, revised December 2013Pages: 38Keywords: Entrepreneurship; Employee mobility; ExperienceJEL-codes: L26; D20; J20; M50

Experience and Entrepreneurship Christopher I. Rider, Peter Thompson, Aleksandra Kacperczyk and Joacim Tåg


We document in two very different datasets an inverted U-shaped relationship between work experience and entrepreneurship among movers. The first dataset consists of 1,248, U.S. lawyers who were forced to seek alternative employment after the sudden dissolutions of their employers. The second consists of over 7.5 million observations on Swedish workers, where job separation is predominantly unrelated to job destruction. Our empirical results are consistent with a model of stochastic accumulation of employer-specific and transferable skills, where the mix between the two is not fully observable to outside parties.

Joacim Tåg

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

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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