Parents' performance in entrepreneurship as a "double-edged sword" for the intergenerational transmission of entrepreneurship

We investigate how perceived parents' performance in entrepreneurship (PPE) affects the entrepreneurial career intentions of offspring. We aigue that while perceived PPE enhances oflspring's perceived entrepreneurial desirability and feasibility because of exposure mechanisms, it inhibits...

Full description

Saved in:
Bibliographic Details
Published in:Small business economics 2017-12, Vol.49 (4), p.841-864
Main Authors: Criaco, Giuseppe, Sieger, Philipp, Wennberg, Karl, Chirico, Francesco, Minola, Tommaso
Format: Article
Language:English
Subjects:
Business and Management
Careers
Entrepreneurial career intention
Entrepreneurs
Entrepreneurship
Feasibility
Industrial Organization
Intergenerational transmission
Intergenerational transmission of entrepreneurship
Management
Microeconomics
Occupational choice
Parents & parenting
Parents’ performance in entrepreneurship
Perceived desirability
Perceived feasibility
Social comparison
Social comparison theory
Social psychology
Translation
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:We investigate how perceived parents' performance in entrepreneurship (PPE) affects the entrepreneurial career intentions of offspring. We aigue that while perceived PPE enhances oflspring's perceived entrepreneurial desirability and feasibility because of exposure mechanisms, it inhibits the translation of both desirability and feasibility perceptions into entrepreneurial career intentions due to upward social comparison mechanisms. Thus, perceived PPE acts as a double-edged sword for the intergenerational transmission of entrepreneurship. Our predictions are tested and confirmed on a sample of 21,895 individuals from 33 countries. This study advances the literature on inteigenerational transmission of entrepreneurship by providing a foundation for understanding the social psychological conditions necessary for such transmission to occur.
ISSN:0921-898X
1573-0913
1573-0913
DOI:10.1007/s11187-017-9854-x