Who becomes an entrepreneur?

by on July 8, 2012 at 6:46 am in Economics | Permalink

There is a new paper by Ingrid Schoon and Kathryn Duckworth:

Taking a longitudinal perspective, we tested a developmental– contextual model of entrepreneurship in a nationally representative sample. Following the lives of 6,116 young people in the 1970 British Birth Cohort from birth to age 34, we examined the role of socioeconomic background, parental role models, academic ability, social skills, and self-concepts as well as entrepreneurial intention expressed during adolescence as predictors of entrepreneurship by age 34. Entrepreneurship was defined by employment status (being self-employed and owning a business). For both men and women, becoming an entrepreneur was associated with social skills and entrepreneurial intentions expressed at age 16. In addition, we found gender-specific pathways. For men, becoming an entrepreneur was predicted by having a self-employed father; for women, it was predicted by their parents’ socioeconomic resources. These findings point to conjoint influences of both social structure and individual agency in shaping occupational choice and implementation.

Here are Powerpoints for the paper.  Here is a gated copy.  For the pointer I thank Michelle Dawson.

dearieme July 8, 2012 at 7:23 am

“their parents’ socioeconomic resources”: wot’s them in English?

Becky Hargrove July 8, 2012 at 10:10 am

Do your parents have social networks/connections in the community you might wish to set up a business, or do they have broader social/econonomic connections that would help you to set up a business elsewhere. If no, you’re on your own just like the guys!

byomtov July 8, 2012 at 11:35 am

How rich they are.

Steve July 8, 2012 at 9:21 am

Who becomes an entrepreneur — in the UK

Johnny Pranke July 8, 2012 at 9:30 pm

An astute point. Also, they use a loose definition of the word entrepreneur: anyone who is self-employed.

John July 8, 2012 at 11:44 am

So how does family formation influence entrepreneurship? Single motherhood doesn’t look particularly conducive to entrepreneurship for either boys or girls.

vanderleun July 8, 2012 at 12:20 pm

That sad slab of garble and word salad only underlines the dismal fact that Ingrid Schoon and Kathryn Duckworth are deep into a vast waste of their lives.

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