Abstract
We study possible motivations for co-entreprenurial couples to start up a joint firm, using a sample of 1,069 Danish couples that established a joint enterprise between 2001 and 2010. We compare their pre-entry characteristics, firm performance and post-dissolution private and financial outcomes with a selected set of comparable firms and couples. We find evidence that couples often establish a business together because one spouse – most commonly the female – has limited outside opportunities in the labor market. However, the financial benefits for each of the spouses, and especially the female, are larger in co-entrepreneurial firms, both during the life of the business and post-dissolution. The start-up of co-entrepreneurial firms seems therefore a sound investment in the human capital of both spouses as well as in the reduction of income inequality in the household. We find no evidence of non-pecuniary benefits or costs of co-entrepreneurship.
Original language | English |
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Title of host publication | Academy of Management Annual Meeting |
Number of pages | 28 |
Publisher | Academy of Management |
Publication date | 2015 |
DOIs | |
Publication status | Published - 2015 |
Event | The 75th Annual Meeting of the Academy of Management - Vancouver, Canada Duration: 7 Aug 2015 → 11 Aug 2015 Conference number: The 75th |
Conference
Conference | The 75th Annual Meeting of the Academy of Management |
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Number | The 75th |
Country/Territory | Canada |
City | Vancouver |
Period | 07/08/2015 → 11/08/2015 |
Series | Academy of Management Proceedings |
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ISSN | 2151-6561 |