Does ‘being your own boss’ raise your chance of becoming someone else’s boss?

Publication type

Journal Article

Author

Publication date

December 15, 2023

Summary:

Self-employment is often associated with entrepreneurship and regarded as a driver of innovation, job creation and economic growth. As such, many countries have policies to promote and support self-employment. One mechanism for self-employment to drive job growth is for sole traders to become an employer through hiring employees. However, there are few studies that investigate if solo self-employment helps the transitions into employership. Using the Understanding Society data, this study shows that in the UK labour market solo self-employment does not work as a ‘steppingstone’ to employership. This raises the question why self-employment should be promoted through public policy as in the UK and many other developed countries.

Published in

Economic Analysis Letters

Volume and page numbers

Volume: 2 , p.46 -51

DOI

https://doi.org/10.58567/eal02040008

ISSN

29723272

Subjects

Notes

Open Access

© 2023 by Cai.

This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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