20 June 2024
Entrepreneurial Intention Inheritance: Like Parent

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Entrepreneurial intention inheritance has been explored in the International Journal of Education Economics and Development, examining the influence of parental self-employment on offspring aspirations through the entrepreneurial intention model.

Entrepreneurial Intention Inheritance: Parental Self-Employment and Its Influence



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Have you ever wondered if your career aspirations are shaped by your family background? A recent study published in the International Journal of Education Economics and Development delved into this topic, examining the influence of parental self-employment on the entrepreneurial intentions of their children.

Parental Self-Employment: A Nurturing Ground for Entrepreneurial Aspirations

The research, conducted by a team of scholars from Sunyani Technical University in Ghana and the University ofLleida in Spain, surveyed 319 respondents from a public university in Spain. The findings revealed that individuals with self-employed parents exhibited a more positive attitude towards entrepreneurship compared to those with parents in traditional employment.

This positive attitude was accompanied by a stronger belief in their ability to control their entrepreneurial actions, enhanced entrepreneurial skills, and a supportive environment that encouraged their entrepreneurial pursuits. These factors collectively contributed to a higher entrepreneurial intention among those with self-employed parents.

Multi-Group Analysis: Unveiling Differences and Similarities in Entrepreneurial Intention Inheritance

To gain a deeper understanding of these findings, the researchers employed multi-group analysis, a statistical technique that allowed them to compare the responses of individuals with self-employed parents to those without. This analysis revealed that, despite the observed differences in attitudes, skills, and environmental support, the overall entrepreneurial intention between the two groups was comparable.

Implications for Education and Policy-Making in Entrepreneurial Intention Inheritance

The study’s findings highlight the significant role of parental self-employment in shaping entrepreneurial aspirations. This underscores the need for educators and policymakers to consider the influence of family background when designing entrepreneurship education programs and policies.

A more nuanced approach to teaching entrepreneurship skills is required, recognizing the unique challenges and opportunities faced by students from different family backgrounds. Additionally, the study emphasizes the importance of addressing the gender gap in entrepreneurial intention, which calls for further research and targeted interventions.

The Integrated Entrepreneurial Intention Model as a Valuable Tool in Entrepreneurial Intention Inheritance

The study’s approach, which utilized an integrated form of the entrepreneurial intention model, proved to be a valuable tool in examining the complex relationship between parental self-employment and entrepreneurial aspirations. This approach has received less attention in previous studies, and its successful application in this research opens up new avenues for future investigations.

Conclusion: Nurturing Entrepreneurial Ambitions Through Education and Policy in Entrepreneurial Intention Inheritance

The study’s findings underscore the importance of family background, individual perceptions, and environmental support in shaping entrepreneurial ambitions. These insights can contribute to the development of effective educational strategies and policies that foster entrepreneurial mindsets and equip individuals with the skills and confidence to pursue their entrepreneurial dreams.

FAQ’s

1. What is the main finding of the study?

The study found that individuals with self-employed parents have a more positive attitude towards entrepreneurship, stronger belief in their ability to control their entrepreneurial actions, enhanced entrepreneurial skills, and a supportive environment that encourages their entrepreneurial pursuits, leading to a higher entrepreneurial intention.

2. How did the researchers conduct the study?

The researchers conducted a survey of 319 respondents from a public university in Spain and employed multi-group analysis to compare the responses of individuals with self-employed parents to those without.

3. What is the significance of the study’s findings?

The study’s findings highlight the significant role of parental self-employment in shaping entrepreneurial aspirations, emphasizing the need for educators and policymakers to consider family background when designing entrepreneurship education programs and policies.

4. What is the integrated entrepreneurial intention model?

The integrated entrepreneurial intention model is a tool used in the study to examine the complex relationship between parental self-employment and entrepreneurial aspirations, incorporating various factors such as attitudes, skills, and environmental support.

5. What are the implications of the study for education and policy-making?

The study’s findings suggest that education and policy-making should consider the influence of family background on entrepreneurial aspirations and tailor programs and policies to address the unique challenges and opportunities faced by students from different family backgrounds, particularly in addressing the gender gap in entrepreneurial intention.

Links to additional Resources:

https://www.emerald.com/ https://www.tandfonline.com/ https://www.springer.com/

Related Wikipedia Articles

Topics: Entrepreneurial intention, Parental self-employment, Multi-group analysis

Entrepreneurship
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of...
Read more: Entrepreneurship

Parental leave
Parental leave, or family leave, is an employee benefit available in almost all countries. The term "parental leave" may include maternity, paternity, and adoption leave; or may be used distinctively from "maternity leave" and "paternity leave" to describe separate family leave available to either parent to care for small children....
Read more: Parental leave

Multiple-criteria decision analysis
Multiple-criteria decision-making (MCDM) or multiple-criteria decision analysis (MCDA) is a sub-discipline of operations research that explicitly evaluates multiple conflicting criteria in decision making (both in daily life and in settings such as business, government and medicine). It is also known as multiple attribute utility theory, multiple attribute value theory, multiple...
Read more: Multiple-criteria decision analysis

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