 Parental influence and the propensity for entrepreneurship: Evidence from the one-child policyMathew Hayward, Zhiming Cheng, Haining Wang and Russell Smyth Journal of Business Venturing Insights, 2023, vol. 20, issue C Abstract: Theory and evidence on human capital suggest that those with more resources have more opportunities to advance their careers. However, entrepreneurship in developing countries may depend more on individuals' resourcefulness than resources. In this article, we investigate the proposition that those who are endowed with more resources from their parents are less resourceful and, therefore, less likely to become entrepreneurs. Our study is situated within the context of China's one-child policy so that we can address concerns that the relationship between the number of siblings one has and the propensity for entrepreneurship is endogenous to parental preferences and fertility conditions. Consistent with this proposition, we find that those with more siblings are more likely to become entrepreneurs. Also, more parental resources and influence weaken such a relationship. While the one-child policy was set up as a means of population control, an unexpected consequence was a diminished propensity for entrepreneurship. Keywords: Entrepreneurship; Parental influence; Developmental psychology (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jobuve:v:20:y:2023:i:c:s2352673423000574 DOI: 10.1016/j.jbvi.2023.e00428 Access Statistics for this article Journal of Business Venturing Insights is currently edited by Dimo Dimov More articles in Journal of Business Venturing Insights from Elsevier |
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