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Independent by necessity?: The life satisfaction of necessity and opportunity entrepreneurs in 70 countries
Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE). Department of Land Economy, University of Cambridge, Cambridge, United Kingdom.ORCID iD: 0000-0001-7432-7442
Swedish Entrepreneurship Forum, Stockholm, Sweden.
2018 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913Article in journal (Refereed) Epub ahead of print
Abstract [en]

The relationship between self-employment and subjective well-being (SWB) is contingent on the heterogeneity observed among entrepreneurs. We argue that independence and job control, two commonly suggested sources of entrepreneurs’ higher SWB, are likely to disproportionately benefit opportunity entrepreneurs who were pulled into their occupation choice. A review of the psychological literature on the determinants of well-being further supports the view that more dynamic and impactful entrepreneurship should lead to higher SWB. Analysis of Global Entrepreneurship Monitor data from 70 countries (N = 111,589) confirm this proposition. We show that entrepreneurs, all else equal, rate their life satisfaction substantially higher than employees and, further, that this effect is entirely driven by opportunity entrepreneurs.

Place, publisher, year, edition, pages
Springer, 2018.
Keywords [en]
Entrepreneurship, Happiness research, Opportunity entrepreneurship, Quality of life, Satisfaction, Subjective well-being
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-42104DOI: 10.1007/s11187-018-0110-9Scopus ID: 2-s2.0-85055978000Local ID: IHHCEnSEISOAI: oai:DiVA.org:hj-42104DiVA, id: diva2:1264781
Available from: 2018-11-21 Created: 2018-11-21 Last updated: 2019-06-07

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Larsson, Johan P.

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CiteExportLink to record
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  • nn-NB
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  • Other locale
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Output format
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