TY  - CHAP
AB  - AbstractWe explore how absolute and relative incomes affect an individual's propensity to start a new business as a pure or hybrid entrepreneur. Using a sample of 12,686 individuals from the National Longitudinal Survey of Youth, 1979 cohort (NLSY79) in our empirical analyses, we find that individuals with high absolute income are generally less likely to engage in entrepreneurship. However, once absolute income is controlled, those with above-average relative income are more likely to become an entrepreneur, particularly in pure form as opposed to a hybrid one. Our findings provide more nuanced understanding on the differences between absolute and relative income levels influencing an individual's decision to become an entrepreneur, and if so, whether to engage in pure or hybrid form.
VL  - 41
SN  - 978-1-78973-550-5, 978-1-78973-549-9/0742-3322
DO  - 10.1108/S0742-332220200000041024
UR  - https://doi.org/10.1108/S0742-332220200000041024
AU  - Tong Di
AU  - Tzabbar Daniel
AU  - Park Haemin Dennis
ED  - Daniel Tzabbar
ED  - Bruno Cirillo
PY  - 2020
Y1  - 2020/01/01
TI  - How Does Relative Income Affect Entry into Pure and Hybrid Entrepreneurship?
T2  - Employee Inter- and Intra-Firm Mobility
T3  - Advances in Strategic Management
PB  - Emerald Publishing Limited
SP  - 365
EP  - 383
Y2  - 2024/04/25
ER  -