Testing Lazear's jack-of-all-trades view of entrepreneurship with German micro data

By Joachim Wagner. Social Science Research Network, 2003

202 citations recorded by the source corpus.

This article tests the theory recently put forward by Edward Lazear that individuals with competence in many skills should have a higher probability of being self-employed than others. The empirical results for Germany support this jack-of-all-trades view.

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Citations in the corpus

Determinants of entrepreneurial engagement levels in Europe and the US (2008, background): “See Blanchflower (2004), Wagner (2004) and Arenius and Minniti (2005) for surveys.”
Is Neoclassical Economics Still Entrepreneurless (2005, unknown): “The empirical validity of the theory is still quite preliminary, but some support has been given in Lazear (2002) and Wagner (2003).”
Entrepreneurship and the Process of Firms' Entry, Survival and Growth (2007, unknown): “Indeed – using cross section analyses - both Lazear (2005) and Wagner (2003) found that students who ended up as entrepreneurs had studied a much more varied curriculum than those who ended up working for others.”
Optimism and chance: The elephants in the entrepreneurship room (2011, result): “There is some support for this provided by Wagner (2003) using German data, whereas Dencker et al. (2009) obtain the reverse finding.”
The Impact of Entrepreneurship Education in High School on Long-Term Entrepreneurial Performance (2015, methodology): “To minimize selfselection problems we use propensity score matching (PSM) to match JACP alumni to non-alumni with the same probability of participating in JACP based on a number of background characteristics.”
Entrepreneurship as a non-profit-seeking activity (2009, unknown): “Lazear (2005), Wagner (2003) and Backes-Gellner and Lazear (2003) provide ample empirical evidence in particular for the second prediction.”
The Economics of Entrepreneurship: What We Know and What We Don't (2005, background): “Lazear [97], [98] and Wagner [151] have adduced evidence in support of this theoretical position.”
Founders’ human capital and the performance of UK new technology based firms (2012, result): “This theory was also supported by the results of a number of studies (Wagner 2003, 2006), whereas other researchers (e.g. Astebro and Thompson 2007), although verifying that skill variety increases the probability of an individual becoming an entrepreneur and that it also contributes to higher…”
The Jack-of-All-Trades entrepreneur: Innate talent or acquired skill? (2007, background): “Consistent evidence is given in Wagner (2003a), (2003b) on German data, Baumol (2004) on US and international trends, and Astebro (2005) on Canadian data.”
Nascent entrepreneurship: empirical studies and developments (2005, background): “To a certain extent the present author shares Wagner’s limited enthusiasm for the person-factor research reported above, but mainly for different reasons.”
Recent developments in the economics of entrepreneurship (2008, background): “Lazear (2004, 2005) and Wagner (2003), for example, have suggested that entrepreneurs must be jacks-of-all-trades with the ability to perform many tasks without necessarily excelling at any of them.”
Exploring entrepreneurial skills and competencies in farm tourism (2012, background): “Moreover, the JAT view of entrepreneurship is supported by Wagner (2003, 2006) and Asteboro and Thompson (2011) who suggest that having a balanced skills mix stimulates entrepreneurship.”
Entrepreneurial Imaginativeness in New Venture Ideation (2018, background): “Finally, entrepreneurship is also viewed as an act of administration (Lazear, 2004; Lechmann & Schnabel, 2014; Wagner, 2003) and judgment (Klein, 2008; Knight, 1921; McMullen & Shepherd, 2006), wherein the entrepreneur is a manager or superintendent, an organizer and coordinator of economic…”
Necessity and Opportunity Entrepreneurs and Their Duration in Self-employment: Evidence from German Micro Data (2009, background): “The problem with this analysis is that due to their rather gene ralist nature (Lazear, 2004; Wagner, 2003), entrepreneurial skills are difficult to measure.”
Balanced skills among nascent entrepreneurs (2013, background): “When facing a decision between entrepreneurship and paid employment, those individuals with a balanced skill set are more likely to opt for self-employment (Åstebro & Thompson 2007; Lazear 2004; Lazear 2005; Silva 2007; Wagner 2003; Wagner 2006).”