Entrepreneurship as a non-profit-seeking activity

被引:80
作者
Benz M. [1 ]
机构
[1] Institute for Empirical Research in Economics, University of Zurich, CH-8006 Zurich
关键词
Entrepreneurship; Job satisfaction; Non-monetary work benefits; Self-employment; Wage and return differentials;
D O I
10.1007/s11365-006-0031-y
中图分类号
学科分类号
摘要
It is typically assumed that people engage in entrepreneurship because there are profits to be made. In contrast to this view, this paper argues that entrepreneurship is more adequately characterized as a non-profit-seeking activity. Evidence from a broad range of authors and academic fields is discussed showing that entrepreneurship does quite generally not pay in monetary terms. Being an entrepreneur seems to be rather rewarding because it entails substantial non-monetary benefits, like greater autonomy, broader skill utilization, and the possibility to pursue one's own ideas. It is shown how incorporating these non-monetary benefits into economic models of entrepreneurship can lead to a better understanding of the phenomenon. © 2006 Springer Science + Business Media, LLC.
引用
收藏
页码:23 / 44
页数:21
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