Do potential entrepreneurs remain in wage employment because of concerns that they will face worse job opportunities should their entrepreneurial ventures fail? Using a Canadian reform that extends job-protected leave to one year for women giving birth after a cutoff date, we study whether the option to return to a previous job increases entrepreneurship. A regression discontinuity design reveals that a longer job-protected leave increases entrepreneurship by 1.9 percentage points. These entrepreneurs start incorporated businesses that hire employees, in industries in which experimentation before entry has low costs and high benefits.

中文翻译：

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职业风险会阻止潜在的企业家吗？

潜在的企业家是否会因为担心如果他们的创业失败会面临更糟糕的工作机会而继续从事有薪工作？使用加拿大的一项改革，将截止日期后分娩的妇女的工作保护假期延长至一年，我们研究了返回以前工作的选择是否会增加创业精神。回归不连续设计表明，更长的工作保护假期会使创业增加 1.9 个百分点。这些企业家在进入前进行实验具有低成本和高收益的行业开始雇用员工的合并企业。