Employment protection legislation and entrepreneurial activity
Autor: | Liebregts, W.J., Stam, F.C., Dep USE, UU LEG Research UUSE Multidisciplinary Economics, Strategy, Organisation, Entrepreneurship |
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Přispěvatelé: | Tilburg Institute of Governance, Research Group: Public Governance, Public Governance |
Jazyk: | angličtina |
Rok vydání: | 2019 |
Předmět: |
SCI and SSCI Journals
Labour economics Intrapreneurship Opportunity cost Employment protection legislation Redundancy pay 05 social sciences Notice period Liquidity constraints Job security Entrepreneurial employee activity Labour market frictions 0502 economics and business Search time Self-employment Business 050207 economics Business and International Management 050203 business & management Opportunity costs |
Zdroj: | International Small Business Journal, 37(6), 581. SAGE Publications Ltd International Small Business Journal, 37(6), 581-603. Sage Publications Ltd |
ISSN: | 0266-2426 |
Popis: | Labour market institutions enable and constrain individual behaviour on the labour market and beyond. We investigate two main elements of national employment protection legislation and their effects upon entrepreneurial activity. We use multilevel analyses to estimate the separate impact of redundancy payments and the notice period for employers on independent entrepreneurship (self-employment) and entrepreneurial employee activity. Redundancy payments and notice period reflect labour market friction, opportunity cost, search time and liquidity constraint mechanisms contained in employment protection legislation. Country-level legislation on the notice period for employers is found to be positively related to an individual‘s involvement in entrepreneurial employee activity, yet negatively related to self-employment. We do not find consistent effects of redundancy pay legislation on entrepreneurial activity. |
Databáze: | OpenAIRE |
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