How do job-applicants with entrepreneurship experience—“post-entrepreneurs”—fare in the wage labor job market? We propose an “entrepreneurship-experience penalty” generally occurs yet varies in strength depending on the recruiters faced by post-entrepreneurs in their job application process. In an experiment utilizing the selection-decisions of 275 recruiters (experimental study participants) in reaction to objectively-identical job-applicants' resumes whose differences relate to whether their last-held job was as a Founder or as an Executive, we found that: (a) resumes of Founders (compared to Executives) are about 23%–29% less likely to be picked as top-choice for hire, (b) this entrepreneurship penalty is weaker for recruiters with (rather than without) entrepreneurial aspirations, and (c) this recruiter moderator-effect is stronger for recruiters in smaller (rather than larger) firms.

中文翻译：

---

企业家在求职过程中是否受到惩罚？这取决于谁在招聘

具有创业经历的求职者——“后创业者”——在工资劳动力市场上表现如何？我们建议，“创业经验惩罚”通常会发生，但强度有所不同，具体取决于后创业者在求职过程中面临的招聘人员。在一项实验中，275 名招聘人员（实验研究参与者）根据客观上相同的求职者简历做出的选择决定，这些简历的差异与他们最后担任的工作是创始人还是高管有关，我们发现： (a) 创始人的简历（与高管相比）被选为招聘首选的可能性大约为 23%–29%，(b) 对于有（而不是没有）创业抱负的招聘人员来说，这种创业惩罚较弱，并且(c) 对于较小（而不是较大）公司的招聘人员来说，这种招聘人员的调节效应更强。