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Entrepreneurial skills and wage employment

Author

Listed:
  • Aleksander Kucel

    (Universitat de Barcelona)

  • Montserrat Vilalta-Bufí

    (Universitat de Barcelona)

Abstract

Promotion of entrepreneurial skills among the population is often considered as an adequate policy to enhance job creation and economic growth. However, neither the definition of entrepreneurial skills, nor the costs and benefits of such a policy are clear. Our aim is to check whether the benefits of entrepreneurial skills extent beyond self-employment. We use a sample of higher education graduates from Spain, from the year 2000 interviewed in 2005 (REFLEX survey). We denote entrepreneurial skills as those competencies that enhance the likelihood of self-employment. Then we analyze whether they are rewarded in wage employment. We find that alertness to new opportunities, ability to mobilize others and knowledge of other fields are the competencies that enhance self-employment in Spain. Yet, these skills are not rewarded in a salaried job. Therefore, benefits of policies fostering entrepreneurial skills do not extend to wage employment in Spain.

Suggested Citation

  • Aleksander Kucel & Montserrat Vilalta-Bufí, 2016. "Entrepreneurial skills and wage employment," UB School of Economics Working Papers 2016/336, University of Barcelona School of Economics.
    • Handle: RePEc:ewp:wpaper:336web
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    Cited by:

    1. Krieger, Alexander & Block, Joern & Stuetzer, Michael, 2018. "Skill variety in entrepreneurship: A literature review and research directions," MPRA Paper 88389, University Library of Munich, Germany.
    2. Arthur Félix W. Sawadogo, 2022. "Quel effet du parcours scolaire sur les aspirations des jeunes à une carrière entrepreneuriale ?," Post-Print halshs-04236992, HAL.
    3. Antonio Jr Estrada Etrata & Jackie Lou Raborar, 2022. "The Filipino generation Z’s entrepreneurial intention: What drives their business mindedness?," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(2), pages 57-66, March.

    More about this item

    Keywords

    entrepreneurial skills; wage returns; wage employment; self-employment; competencies;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J43 - Labor and Demographic Economics - - Particular Labor Markets - - - Agricultural Labor Markets

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