Higher earnings and freedom drive individuals towards self-employment over paid jobs.
The study looked at why people choose to become self-employed instead of working for someone else. They found that self-employed individuals are attracted to higher expected earnings and the freedom from managerial constraints. The research also supports the idea that self-employment can lead to prosperity. Factors like marital status, parents' employment status, housing equity, and occupational status play a significant role in deciding between self-employment and paid employment.