Struckell, Elisabeth M.Patel, Pankaj C.Ojha, DiveshOghazi, Pejvak2024-01-192024-01-192022-10Struckell , E M , Patel , P C , Ojha , D & Oghazi , P 2022 , ' Financial literacy and self employment – The moderating effect of gender and race ' , Journal of Business Research , vol. 139 , pp. 639-653 . https://doi.org/10.1016/j.jbusres.2021.10.00357021551http://hdl.handle.net/10138/570005Within the next decade, the number of self-employed workers, now 40% of the workforce, is predicted to surpass that of traditional employees. Managing finances (financial literacy) is an important skill set for self-employment. We bring attention to the growing prevalence of self-employment at a time when financial literacy is in decline in the United States. Using a sample of 15,069 participants in the 2015 and 2018 National Financial Capability Study, we find support for a positive association between financial literacy and self-employment in a U.S. context and extend prior research by focusing on two widely studied and important U.S. demographic segments in self-employment and entrepreneurship literature – gender and race. Contrary to other U.S.-based studies, we find that women with higher financial literacy scores are more likely to be self-employed than men; yet surprisingly, there is no significant difference in the association between higher financial literacy scores and self-employment between non-white and white U.S. respondents. We discuss the implications of the findings for researchers, policymakers, educators, and those considering self-employment.15832487engcc_byinfo:eu-repo/semantics/openAccess512 Business and ManagementFinancial literacyGenderHuman capital theoryRaceSelf-employmentKOTA2022PREM00001 - Publication available open access by the publisher2 - Hybrid open access publication channel1 - Self archivedhttp://hdl.handle.net/10138/5700051- Minst en av författarna har en utländsk affiliation1- Publicerad utomlands0- Ingen affiliation med ett företagPRJ1,5AACSB year2023ArticleopenAccess851173747622badf7a6-aacd-416f-8e01-6c9e0c2bdcb4