On the Origins of Entrepreneurship: Evidence from Sibling Correlations

Matthew J. Lindquist, Joeri Sol, Theodor Vladasel

    Publikation: Bidrag til bog/antologi/rapportKonferencebidrag i proceedingsForskningpeer review

    Abstrakt

    The success of policies promoting entrepreneurship rests partly on the assumption that entrepreneurial outcomes are not fully determined at a young age by factors unrelated to current policy. We test this assumption and assess the importance of family and community background by estimating sibling correlations in entrepreneurship. We find that between 20 and 50 percent of the variance in entrepreneurial outcomes is explained by factors that siblings share: hence, entrepreneurship is far less than fully determined at a young age. The estimates increase little when allowing for differential treatment within families by gender and birth order. We then investigate mechanisms explaining sibling similarity: parental entrepreneurship plays a large role, as do shared genes; neighborhood effects matter, but are rather small, while sibling peer effects and parental income and education matter even less. An implication is that there is ample room for policy and education to develop more and better entrepreneurship.
    OriginalsprogEngelsk
    TitelProceedings of the Seventy-seven Annual Meeting of the Academy of Management
    RedaktørerGuclu Atinc
    Antal sider6
    Udgivelses stedBriar Cliff Manor, NY
    ForlagAcademy of Management
    Publikationsdato2017
    Artikelnummer11536
    DOI
    StatusUdgivet - 2017
    BegivenhedThe Academy of Management Annual Meeting 2017: At the Interface - Georgia, Atlanta, USA
    Varighed: 4 aug. 20178 aug. 2017
    Konferencens nummer: 77
    http://aom.org/annualmeeting/
    http://aom.org/annualmeeting/

    Konference

    KonferenceThe Academy of Management Annual Meeting 2017
    Nummer77
    LokationGeorgia
    LandUSA
    ByAtlanta
    Periode04/08/201708/08/2017
    Internetadresse
    NavnAcademy of Management Proceedings
    ISSN2151-6561

    Bibliografisk note

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    Emneord

    • Entrepreneurship
    • Intergenerational persistence
    • Occupational choice

    Citationsformater

    Lindquist, M. J., Sol, J., & Vladasel, T. (2017). On the Origins of Entrepreneurship: Evidence from Sibling Correlations. I G. Atinc (red.), Proceedings of the Seventy-seven Annual Meeting of the Academy of Management [11536] Briar Cliff Manor, NY: Academy of Management. Academy of Management Proceedings https://doi.org/10.5465/AMBPP.2017.315