Suchergebnisse

This report focuses on the situation of self-employment in Malta following the international economic recession. It discusses national labour market policies meant to assist the sector, and the quality of self-employment jobs. ; peer-reviewed

Entrepreneurship, Self-Employment and Retirement presents a collection of nine studies which contribute to a more robust and richer understanding of entrepreneurship, self-employment and retirement in a diversity of settings, including the Netherlands, Canada, the United Kingdom, Singapore and the US, by drawing on both qualitative and quantitative data. By presenting these diverse accounts of pre- and post-retirement self-employment, this volume broadens and enriches existing knowledge about this distinct form of entrepreneurship, and contributes theoretically, methodologically and empirically to an embryonic yet fascinating field.

Chapter 1. Retirement Planning, Financial Literacy and Small Business Owners Chapter 2. One Size Does Not Fit All: Uncovering Older Entrepreneur Diversity Through Motivations, Emotions And Mentoring Needs Chapter 3. Entrepreneurship in a Context of Pending Retirement: The Lived Experience of Older Entrepreneurs Chapter 4. Becoming an Entrepreneur after Retirement: Results from a Longitudinal Study in the Netherlands Chapter 5. What Drives Post-Retirement Age Knowledge-Based Self-Employment? An Investigation of Social, Policy and Individual Factors Chapter 6. Entrepreneurship in Mid-Career Chapter 7. Self-Employment Among Canadian Seniors: Trends And Financial Well-Being Chapter 8. Hybrid Entrepreneurship during Retirement: Comparison of Motives and Aspirations Chapter 9. Self-employment around Retirement Age

Purpose
There are several different factors that can influence self-employment. However, there is little evidence stemming from direct examination of the impact of financial development (FD) on self-employment. This study aims to formulate empirical specification models to examine the effect of FD on self-employment.


Design/methodology/approach
Panel data analysis of 136 sample countries was performed during the period from 2000 to 2017. This study initially implemented the new financial index developed by the International Monetary Fund (IMF) to examine the impact of FD on self-employment. Panel data analysis including the pooled model, fixed effect and random effect model has been carried out.


Findings
The empirical results show that the financial institutions index has a negative significant impact on self-employment by a considerable magnitude, whereas the financial markets index does not show any statistical significance. The results also find that the government effectiveness index is negative and statistically significant on self-employment.


Originality/value
There are several different factors which can influence self-employment. Nevertheless, there is little evidence for the direct examination of the impact of FD on self-employment. This study investigated the impact of FD on self-employment by using the new FD index created by the IMF. The finding may help policymakers to implement FD along with other institutional policies to control self-employment.