8/06/2010

Study: Early exposure to entrepreneurship raises self-employment chances | News for Dallas, Texas | Dallas Morning News | Small Business | Dallas Business News

Study: Early exposure to entrepreneurship raises self-employment chances

03:34 PM CDT on Thursday, August 5, 2010

By SHERYL JEAN / The Dallas Morning News
sjean@dallasnews.com

Early exposure to entrepreneurship raises the chance of self-employment in a person’s early- and mid-career years, according to a study released on Thursday by the U.S. Small Business Administration Office of Advocacy.

The study — www.sba.gov/advo/research/rs367tot.pdf — also showed a strong link between an indicator of self-employment at ages 20 to 22 and entrepreneurial efforts from 22 to 41.

The availability of financial resources, such as family income and family and individual net worth, appear to increase the probability of self-employment. The research by Berkeley Policy Associates and the University of Chicago for the SBA found that each additional year of self-employment significantly increases a person’s level of income and net worth.


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