Why Do Entrepreneurial Parents Have Entrepreneurial Children?

Matthew J. Lindquist, Joeri Sol, Mirjam Van Praag

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    Abstrakt

    We explore the origins of the intergenerational association in entrepreneurship using Swedish adoption data that allow us to quantify the relative importance of prebirth and postbirth factors. We find that parental entrepreneurship increases the probability of children's entrepreneurship by about 60%. For adoptees, both biological and adoptive parents make significant contributions to this association. These contributions, however, are quite different in size. Postbirth factors account for twice as much as prebirth factors in our decomposition of the intergenerational association in entrepreneurship. We investigate several candidate explanations for this large postbirth factor and present suggestive evidence in favor of role modeling.
    OriginalsprogEngelsk
    TidsskriftJournal of Labor Economics
    Vol/bind33
    Udgave nummer2
    Sider (fra-til)269-296
    Antal sider28
    ISSN0734-306X
    DOI
    StatusUdgivet - apr. 2015

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