Edited by Rolf Sternberg and Gerhard Krauss
Chapter 6: Entrepreneurship and creative professions—a micro-level analysis
AbstractIt has widely been recognized that creativity plays an immense role not only in arts, sciences and technology, but also in entrepreneurship, innovation and, thus, economic growth. We analyze the extent and the determinants of self-employment in creative professions at the level of individuals. The analysis is based on the representative micro data of the German Socio-Economic Panel (SOEP). The findings suggest that people in creative professions are more likely to be self-employed. Moreover, a high regional share of people in the creative class increases an individual's likelihood of being an entrepreneur. Investigating the determinants of entrepreneurship within the creative class as compared with non-creative professions reveals several differences.
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