Hybrid entrepreneurship and wage dynamics


About the Research

Using matched employer-employee data from Portugal between 1994 and 2009, we examine the relationship between hybrid entrepreneurship and employee wages. Based on confirmation bias theory, we theorize and demonstrate an overall wage penalty associated with an employee’s experience with hybrid entrepreneurship relative to their peers. However, compared with low performers, high performers – meaning the top earners in the firm – earn a small but significant wage premium when engaging in hybrid entrepreneurship. Female employees are penalized significantly less than their male counterparts for engaging in hybrid entrepreneurship. After exploring various potential mechanisms, we find reduced bargaining power to be a main reason why hybrid entrepreneurs incur a wage penalty. By implication, our results provide a meeting place for entrepreneurship, strategic human capital, and gender scholars.

About Francesco Castellaneta

Francesco Castellaneta is a Full Professor in Strategy and Entrepreneurship at SKEMA Business School – Université Côte d’Azur (GREDEG) and serves as the Program Chair of the Competitive Interest Group of the Strategic Management Society. Previously, he was an Assistant Professor at Católica Lisbon School of Business & Economics and became an International Faculty Fellow at MIT Sloan School of Management in 2014. He teaches private equity, strategy, and entrepreneurship at various levels, including undergraduate and executive programs. His research is centered on organizational learning and knowledge appropriability in strategic settings. This includes studying experiential learning in corporate development, the dynamics between human and machine learning, and strategies for mitigating knowledge spillovers and misappropriation. His research has been published in several journals, such as Organization Science, Strategic Management Journal, Journal of Business Venturing, and Journal of Management Studies.

Date: Thursday 15 February, 2024

Time: 12:00-13:30 CET

Venue: Training Room (Zoom link provided to registered attendees)

Reminder: We are buying fewer plastic water bottles to reduce waste, so please bring your own water.

Should you want to attend, please register at https://forms.gle/rYxqPmw7cZsCrsHU8