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NOTE: Since 2009 the title of the International Journal of Entrepreneurship Education (IJEE) has been changed to the title above. ISSN numbers: IJEE 1649-2269 and IRE 2009-2822
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ISSN Number: 2009-2822. Frequency: 4 Issues per year (online only)
#1707 - The Effect of Parental Self-Employment on Entry Age
IRE Vol 21: Issue 4, 2023, Pages
Author(s): Luong Thanh Tran (IPAG Business School Paris, France (Research Affiliate) & Faculty of Economics and Business, Friedrich Schiller University Jena, Germany) and Michael Wyrwich (Faculty of Economics and Business, University of Groningen, The Netherlands)
Abstract:
An established result of empirical entrepreneurship literature is that parental self-employment has a positive effect on entrepreneurial entry. Far less is known about the parental effect on the important strategic decision about time of entry. This is surprising since the mechanisms behind the parental entrepreneurship effect are similar to those behind the relationship between market entry and a person’s age at entry. We find that parental self-employment is associated with a lower age at entry. We also discuss implications of this pattern for the size of start-up and post-entry development. Our evidence is based on a sample of entrepreneurs from two developing countries namely Ghana and Kenya. Our findings are particularly important for developing countries since mostly weak institutional framework conditions provide only few opportunities for acquiring out-of-family entrepreneurship education and training.