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Is it boring to be an entrepreneur? Evidence from Europe

Pirla, Sergio and Ortega-Lapiedra, Raquel (2024): Is it boring to be an entrepreneur? Evidence from Europe.

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Abstract

Individuals not only seek a happy and meaningful life, but an interesting one. In this letter, we show that past estimates of the well-being gains from entrepreneurship have overlooked an important aspect of the relationship between self-employment and well-being: boredom. Using a sample of over 30,000 individuals from 25 European countries, we show that self-employment is related to lower levels of boredom – a relationship that is not captured by traditional measures of hedonic or eudaimonic well-being.

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