Parents’ performance in entrepreneurship as a “double-edged sword” for the intergenerational transmission of entrepreneurship

Giuseppe Criaco (), Philipp Sieger (), Karl Wennberg (), Francesco Chirico () and Tommaso Minola ()
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Giuseppe Criaco: Erasmus University
Philipp Sieger: University of Bern
Karl Wennberg: Linköping University
Francesco Chirico: Jönköping International Business School, Jönköping University
Tommaso Minola: University of Bergamo

Small Business Economics, 2017, vol. 49, issue 4, No 8, 864 pages

Abstract: Abstract We investigate how perceived parents’ performance in entrepreneurship (PPE) affects the entrepreneurial career intentions of offspring. We argue that while perceived PPE enhances offspring’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 intergenerational transmission of entrepreneurship by providing a foundation for understanding the social psychological conditions necessary for such transmission to occur.

Keywords: Intergenerational transmission of entrepreneurship; Parents’ performance in entrepreneurship; Entrepreneurial career intention; Social comparison theory; Perceived desirability; Perceived feasibility (search for similar items in EconPapers)
JEL-codes: C12 D01 J13 J62 L26 M13 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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DOI: 10.1007/s11187-017-9854-x

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