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Over-optimism and entry and exit from self-employment/ created by Chris Dawson and Andrew Henley

By: Contributor(s): Material type: TextTextSeries: International small business journal ; Volume 31, number 8London : Sage, 2013Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 02662426
Subject(s): LOC classification:
  • HD2341.167
Online resources: Abstract: This article develops a conceptual framework for addressing the relationship between over-optimism and entry into, and survival in, self-employed business ownership. Previous research has rarely examined over-optimism and the dynamics of business ownership. Using a large-scale British longitudinal survey, the relationship between over-optimism and self-employment transitions is investigated. The results show that over-optimism is associated with higher transition into business ownership. However, over-optimism at the point of entry is also associated with lower rates of subsequent duration in business ownership, despite the possibility that exits may be slowed by threshold inertia and non-financial motives for remaining self-employed.
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Holdings
Item type Current library Call number Vol info Status Notes Date due Barcode
Journal Article Journal Article Main Library - Special Collections HD2341.167 INT (Browse shelf(Opens below)) Vol. 31, no.8 (pages 938-954) Not for loan For in house use only

This article develops a conceptual framework for addressing the relationship between over-optimism and entry into, and survival in, self-employed business ownership. Previous research has rarely examined over-optimism and the dynamics of business ownership. Using a large-scale British longitudinal survey, the relationship between over-optimism and self-employment transitions is investigated. The results show that over-optimism is associated with higher transition into business ownership. However, over-optimism at the point of entry is also associated with lower rates of subsequent duration in business ownership, despite the possibility that exits may be slowed by threshold inertia and non-financial motives for remaining self-employed.

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