HCBE Faculty Articles
Title
Self-Employed Individuals with and without Employees: Individual, Social, and Economic Level Differences
Document Type
Article
Publication Date
2016
Publication Title
International Review of Entrepreneurship
ISSN or ISBN
2009-2822
Volume
14
Issue/Number
3
First Page
289
Last Page
312
Abstract/Excerpt
This paper focuses on the differences between solo self-employed individuals and selfemployed persons that hire employees, in terms of individual, social and economic variables. The study is based on Dyer's (1994) model of entrepreneurial careers and Schwartz' (1992, 1994) values inventory and uses data from Wave 7 of the European Social Survey released in 2016. The analysis found that, compared to solo self-employed, self-employed individuals with employees have higher scores regarding their need for power values, i.e., they attach higher importance to achieving high social status and prestige, authority, wealth, and a positive public image. Moreover, the level of overall happiness is higher for self-employed with employees, even when controlling for their higher incomes. On the other hand, entrepreneurs attaching a high importance to self-direction (including job autonomy) were more often found to be working on their own (i.e., solo selfemployed).
NSUWorks Citation
Petrescu, Maria, "Self-Employed Individuals with and without Employees: Individual, Social, and Economic Level Differences" (2016). HCBE Faculty Articles. 659.
https://nsuworks.nova.edu/hcbe_facarticles/659
