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Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
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Nonis-Hudson-Hunt (p. 95-106)


Part-Time Entrepreneurship, Learning and Ability

Author(s): Kameliia Petrova

Citation: Kameliia Petrova, (2010) "Part-Time Entrepreneurship, Learning and Ability," Journal of Management Policy and Practice, Vol. 12, Iss. 1, pp. 64 - 75

Article Type: Research paper

Publisher: North American Business Press


Recent evidence from a large cross-national study on the level of entrepreneurial activity of 40 countries
has established that 80 percent of those who implement start-ups also hold outside paid jobs. To explain
part-time entrepreneurship, I develop a model in which individuals become part-time entrepreneurs
because they do not know their entrepreneurial ability ahead of time. Better entrepreneurs manage to
transform their start-ups into successfully operating businesses; those with lower entrepreneurial ability
withdraw. The model gives rise to industry selection and agrees with the empirical evidence from the
Panel Study of Entrepreneurial Dynamics (PSED).