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Does ‘Being Your Own Boss’ raise your chance of becoming someone else’s Boss?

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  • Lixin Cai

    (Future of Employment and Skills Research Centre, University of Adelaide, Adelaide, Australia)

Abstract

Self-employment is often associated with entrepreneurship and regarded as a driver of innovation, job creation and economic growth. As such, many countries have policies to promote and support self-employment. One mechanism for self-employment to drive job growth is for sole traders to become an employer through hiring employees. However, there are few studies that investigate if solo self-employment helps the transitions into employership. Using the Understanding Society data, this study shows that in the UK labour market solo self-employment does not work as a ‘steppingstone’ to employership. This raises the question why self-employment should be promoted through public policy as in the UK and many other developed countries.

Suggested Citation

  • Lixin Cai, 2023. "Does ‘Being Your Own Boss’ raise your chance of becoming someone else’s Boss?," Economic Analysis Letters, Anser Press, vol. 2(4), pages 46-51, December.
    • Handle: RePEc:bba:j00004:v:2:y:2023:i:4:p:46-51:d:201
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    References listed on IDEAS

    as
    1. Baumol, William J., 1996. "Entrepreneurship: Productive, unproductive, and destructive," Journal of Business Venturing, Elsevier, vol. 11(1), pages 3-22, January.
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