Do Startup Employees Earn More in the Long Run?
References
- (2006) Large sample properties of matching estimators for average treatment effects. Econometrica 74(1):235–267.Crossref, Google Scholar
- (2018) Risky business? Earnings prospects of employees at young firms. University of Oxford Department of Economics Discussion Paper 852, University of Oxford, Oxford, UK.Google Scholar
- (2000) Commuting Areas in Denmark (AKF Forlaget, Copenhagen).Google Scholar
- (2011) Stars and misfits: Self-employment and labor market frictions. Management Sci. 57(11):1999–2017.Link, Google Scholar
- (2001) Market dynamics in the Netherlands: Competition policy and the role of small firms. Internat. J. Indust. Organ. 19(5):795–821.Crossref, Google Scholar
- (2019) Pay, employment, and dynamics of young firms. Working paper, Columbia University, New York.Google Scholar
- (2012) How former business owners fare in the labor market? Job assignment and earnings. Eur. Econom. Rev. 56(2):263–276.Crossref, Google Scholar
- (2019) Outrunning the past? Prior employer status and job matching in the MBA labor market. Working paper, HEC Paris, Paris.Google Scholar
- (1992) Standing on the shoulders of others: Career interdependence in job mobility. Admin. Sci. Quart. 37(2):262–281.Crossref, Google Scholar
- (1991) Who Benefits from State and Local Economic Development Policies? (W. E. Upjohn Institute for Employment Research, Kalamazoo, MI).Crossref, Google Scholar
- (2011) Paying more to get less: Specific skills, incomplete information and the effects of external hiring. Admin. Sci. Quart. 56(3):369–407.Crossref, Google Scholar
- (2010) The dynamics of interorganizational careers. Organ. Sci. 21(5):1034–1053.Link, Google Scholar
- (2015) Shifts and ladders: Comparing the role of internal and external mobility in managerial careers. Organ. Sci. 26(6):1629–1645.Link, Google Scholar
- (2003) Returns to tenure, firm-specific human capital and worker heterogeneity. Internat. J. Manpower 24:774–788.Crossref, Google Scholar
- (1970) A formal theory of differentiation in organizations. Amer. Sociol. Rev. 35(2):201–218.Crossref, Google Scholar
- (2018) Global entrepreneurship monitor 2019/2019 global report. Report, Global Entrepreneurship Research Association, London.Google Scholar
- (2012) High-tech entrepreneurship. J. Law Econom. 55(4):869–900.Crossref, Google Scholar
- (2007) Do newly founded firms pay lower wages? First evidence from Germany. Small Bus. Econom. 29(1/2):161–171.Crossref, Google Scholar
- (2007) Leaving a legacy: Position imprints and successor turnover in young firms. Amer. Sociol. Rev. 72(2):239–266.Crossref, Google Scholar
- (2018) Do start-ups pay less? Indust. Labor Relations Rev. 71(3):1179–1200.Crossref, Google Scholar
- (2002) Coming from good stock: Career histories and new venture formation. Res. Sociol. Organ. 19:229–262.Crossref, Google Scholar
- (2013) Earnings effect of entrepreneurial experience: Evidence from the semiconductor industry. Management Sci. 59(2):286–304.Link, Google Scholar
- (2000) The Demography of Organizations and Industries (Princeton University Press, Princeton, NJ).Google Scholar
- (1992) Careers in organizations: An ecological perspective. Life-Span Development Behav. 11:112–144.Google Scholar
- (2016) Predicting new venture survival and growth: Does the fog lift? Small Bus. Econom. 47(1):217–241.Crossref, Google Scholar
- (2012) Home sweet home? Entrepreneurs’ location choices and the performance of their ventures. Management Sci. 58(6):1059–1071.Link, Google Scholar
- (2014) The who, why and how of spinoffs. Indust. Corporate Change 23(3):661–688.Crossref, Google Scholar
- (2014) Do small businesses create more jobs? New evidence for Europe. Small Bus. Econom. 42(2):283–295.Crossref, Google Scholar
- (2014) The role of entrepreneurship in U.S. job creation and economic dynamism. J. Econom. Perspect. 28(3):3–24.Crossref, Google Scholar
- (1989) Made in America (MIT Press, Cambridge, MA).Google Scholar
- (2005) Organizational roles and the transition to entrepreneurship. Acad. Management J. 48(3):433–449.Crossref, Google Scholar
- (1971) Internal Labor Markets and Manpower Analysis (D.C. Heath, Lexington, MA).Google Scholar
- (2001) How common are the new compensation and work organization practices and who adopts them? Working paper, Aarhus University, Aarhus, Denmark.Google Scholar
- (1989) Some empirical aspects of entrepreneurship. Amer. Econom. Rev. 79(3):519–535.Google Scholar
- (2016) Misfit and milestones: Structural elaboration and capability reinforcement in the evolution of entrepreneurial top management teams. Acad. Management J. 59(4):1430–1450.Crossref, Google Scholar
- (2007) The Analysis of Cross-Classified Categorical Data (Springer Science & Business Media, New York).Crossref, Google Scholar
- (2013) How firms respond to business cycles: The role of firm age and firm size. IMF Econom. Rev. 61(3):520–559.Crossref, Google Scholar
- (1986) Entrepreneurs as organizational products: Semiconductor firms and venture capital firms. Libecap G, ed. Advances in the Study of Entrepreneurship, Innovation, and Economic Growth, vol. 1 (JAI Press, Greenwich, CT), 33–58.Google Scholar
- (1983) The liability of newness: Age dependence in organizational death rates. Amer. Sociol. Rev. 88(5):692–710.Crossref, Google Scholar
- (2006) Scar effects of unemployment: An assessment of institutional complementarities. Amer. Sociol. Rev. 71(6):986–1013.Crossref, Google Scholar
- (2010) How general is human capital? A task-based approach. J. Labor Econom. 28(1):1–49.Crossref, Google Scholar
- (2013) Who creates jobs? Small vs. large vs. young. Rev. Econom. Statist. 95(2):347–361.Crossref, Google Scholar
- (2000) Does entrepreneurship pay? An empirical analysis of the returns to self-employment. J. Political Econom. 108(3):604–631.Crossref, Google Scholar
- (2008) Give everyone a prize? Employee stock options in private venture-backed firms. J. Bus. Venturing 23(4):385–404.Crossref, Google Scholar
- (1994) The ecological dynamics of careers: The impact of organizational founding, dissolution, and merger on job mobility. Amer. J. Sociol. 101(1):104–152.Crossref, Google Scholar
- (2010) Gazelles as job creators: A survey and interpretation of the evidence. Small Bus. Econom. 35(2):227–244.Crossref, Google Scholar
- (2011) The return-to-entrepreneurship puzzle. Labour Econom. 20(1):57–67.Google Scholar
- (2012) Causal inference without balance checking: Coarsened exact matching. Political Anal. 20(1):1–24.Crossref, Google Scholar
- (1982) MITI and the Japanese Miracle (Stanford University Press, Stanford, CA).Crossref, Google Scholar
- (2012) Opportunity structures in established firms: Entrepreneurship vs. intrapreneurship in mutual funds. Admin. Sci. Quart. 57(3):484–521.Crossref, Google Scholar
- (2010) The long-term labor market consequences of graduating from college in a bad economy. Labour Econom. 17(2):303–316.Crossref, Google Scholar
- (2011) Is self-employment really a bad experience? The effects of previous self-employment on subsequent wage-employment wages. J. Bus. Venturing 26(5):572–588.Crossref, Google Scholar
- (1996) Organizations in America: Analysing Their Structures and Human Resource Practices (Sage Publications, Thousand Oaks, CA).Google Scholar
- (2018) Is there a startup wage premium? Evidence from MIT graduates. Res. Policy 43(3):637–649.Crossref, Google Scholar
- (2019) Why propensity scores should not be used for matching. Political Anal. 27(4):435–454.Crossref, Google Scholar
- (2014) Age or size? Contributions to job creation. Small Bus. Econom. 42(4):815–830.Crossref, Google Scholar
- (2005) Entrepreneurship. J. Labor Econom. 23(4):649–680.Crossref, Google Scholar
- (2014) Dilettante or renaissance person? How the order of job experiences affects hiring in an external labor market. Amer. Sociol. Rev. 79(1):136–158.Crossref, Google Scholar
- (2017) Smart and illicit: Who becomes an entrepreneur and do they earn more? Quart. J. Econom. 132(2):963–1018.Crossref, Google Scholar
- (2012) Obama signs bill to help companies go public. CNN Money (April 5).Google Scholar
- (2017) When tech companies go public, employees can strike it rich—or not. And then the trouble starts. Los Angeles Times (February 24).Google Scholar
- (2013) Quality over quantity: Reexamining the link between entrepreneurship and job creation. Indust. Labor Relations Rev. 66(4):833–873.Crossref, Google Scholar
- (2016) Individual entrepreneurial exit and earnings in subsequent paid employment. Entrepreneurship Theory Practice 40(2):401–420.Crossref, Google Scholar
- (2001) From centralised decentralisation toward multi-level regulation. Working paper, University of Copenhagen, Copenhagen.Google Scholar
- (2016) Experimentation and the returns to entrepreneurship. Rev. Financial Stud. 29(9):2319–2340.Crossref, Google Scholar
- (1987) Idiosyncratic jobs in formalized organizations. Admin. Sci. Quart. 32(3):327–351.Crossref, Google Scholar
- (2007) Counterfactuals and Causal Inference (Cambridge University Press, Cambridge, UK).Crossref, Google Scholar
- (2004) Wage Dispersion: Why Are Similar Workers Paid Differently? (MIT Press, Cambridge, MA).Google Scholar
- (2002) The returns to entrepreneurial investment: A private equity premium puzzle? Amer. Econom. Rev. 92(4):745–778.Crossref, Google Scholar
- (1997) Unemployment and labor market rigidities: Europe vs. North America. J. Econom. Perspect. 11(3):55–74.Crossref, Google Scholar
- (2014) New firms and labor market entrants: Is there a wage penalty for employment in new firms? Small Bus. Econom. 43(2):399–410.Crossref, Google Scholar
- (2018) Don’t overlook the risk that comes with your employee stock options. CNBC (February 27).Google Scholar
- OECD (2017) Entrepreneurship at a Glance 2017 (Organisation for Economic Co-Operation and Development, Paris).Crossref, Google Scholar
- (2014) Who works for startups? The relation between firm age, employee age, and growth. J. Financial Econom. 112(3):386–407.Crossref, Google Scholar
- (2002) A genealogical approach to organizational life chances: The parent-progeny transfer and Silicon Valley law firms, 1946-1996. Admin. Sci. Quart. 47(3):474–506.Crossref, Google Scholar
- (2015) Organizational failure and intraprofessional status loss. Organ. Sci. 26(3):633–649.Link, Google Scholar
- (2019) Experience and entrepreneurship: A career transition perspective. Indust. Labor Relations Rev. 72(5):1149–1181.Crossref, Google Scholar
- (2015) Founder or joiner? The role of preferences and context in shaping different entrepreneurial interests. Management Sci. 61(9):2160–2184.Link, Google Scholar
- (2002) Titles and tasks: New jobs for new media in Silicon Alley? Unpublished PhD thesis, Columbia University, New York.Google Scholar
- (1983) Specialization and human capital. J. Labor Econom. 1(1):43–49.Crossref, Google Scholar
- (1979) Organizational career mobility: Promotion chances in a corporation during periods of growth and contraction. Amer. J. Sociol. 85(1):21–48.Crossref, Google Scholar
- (2018) Fire in the belly? Employee motives and innovative performance in start-ups vs. established firms. Strategic Entrepreneurship J. 12(4):423–454.Crossref, Google Scholar
- (2013) What causes wage dispersion? Evidence from new firms. Working paper, Boston University, Boston.Google Scholar
- (2007) Entrepreneurship in the Regions in Denmark (University of Southern Denmark, Odense, Denmark).Google Scholar
- (2019) Unlucky cohorts: Estimating the long-term effects of entering the labor market in a recession in large cross-sectional data sets. J. Labor Econom. 37(S1):S161–S198.Crossref, Google Scholar
- (2019) Professionalizing entrepreneurial firms: Managing the challenges and outcomes of founder-CEO succession. Strategic Entrepreneurship J. 13(3):379–409.Crossref, Google Scholar
- (2012) 8 reasons to choose a startup over a corporate job. Fast Company (March 13).Google Scholar
- (2007) Bureaucracy and entrepreneurship: Workplace effects on entrepreneurial entry. Admin. Sci. Quart. 52(3):387–412.Crossref, Google Scholar
- (2011) Competence and commitment: Employer size and entrepreneurial endurance. Indust. Corporate Change 20(5):1277–1304.Crossref, Google Scholar
- (2007) Corporate demography and income inequality. Amer. Sociol. Rev. 72(5):766–783.Crossref, Google Scholar
- (2017) Regional ecologies of entrepreneurship. J. Econom. Geogr. 17(5):959–974.Crossref, Google Scholar
- (2000) The social structure of entrepreneurial activity: Geographic concentration of footwear production in the United States, 1940-1989. Amer. J. Sociol. 106(2):424–462.Crossref, Google Scholar
- (2016) Geography, joint choices, and the reproduction of gender inequality. Amer. Sociol. Rev. 81(5):900–920.Crossref, Google Scholar
- (2017) Do entrepreneurs really earn less? Small Bus. Econom. 49(2):251–272.Crossref, Google Scholar
- (1977) Careers, labor market structure, and socioeconomic achievement. Amer. J. Sociol. 83(3):551–593.Crossref, Google Scholar
- (1983) Careers and organizational labor markets: Demographic models of organizational behavior. Amer. J. Sociol. 88(4):637–685.Crossref, Google Scholar
- (1965) Social structure and organizations. March JG, ed. Handbook of Organizations , Rand McNally Sociology Series (Rand McNally, Chicago), 142–155.Google Scholar
- (2005) Testing for weak instruments in linear IV regression. Andrews DWK, Stock JH, eds. Identification and Inference for Econometric Models: Essays in Honor of Thomas Rothenberg (Cambridge University Press, Cambridge, UK), 80–108.Google Scholar
- (2008) The value of human capital specificity vs. transferability. J. Management 34(2):290–316.Crossref, Google Scholar
- (2015) Analyses of intergenerational mobility: An interdisciplinary review. Ann. Amer. Acad. Political Soc. Sci. 657(1):37–62.Crossref, Google Scholar
- (1998) The worker-establishment characteristics database. Haltiwanger J, Manser ME, Topel R, eds. Labor Statistics Measurement Issues , NBER Studies in Income and Wealth, vol. 60 (University of Chicago Press, Chicago), 371–403.Google Scholar
- (2002) The impact of incarceration on wage mobility and inequality. Amer. Sociol. Rev. 67(4):526–546.Crossref, Google Scholar
- (2017) ‘The liability of newness’ revisited: Theoretical restatement and empirical testing in emergent organizations. Soc. Sci. Res. 63:36–53.Crossref, Google Scholar

