Multilevel Transmission of Cultural Attitudes and Entrepreneurial Intention: Evidence from High-School Students

Annie Tubadji, Enrico Santarelli () and Roberto Patuelli ()
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Enrico Santarelli: Department of Economics, University of Bologna, Italy

Working Paper series from Rimini Centre for Economic Analysis

Abstract: Intention toward any occupational choice can be widely categorized as a rational choice process combined with a subjective attitude function. There is extensive literature dealing with the formation of intention toward entrepreneurship in adolescents, in particular as a result of either parental (vertical) transmission of social capital or network effects from peers or neighbours (the latter two being two different levels of horizontal transmission varying in proximity in terms of bonding and bridging). We contribute to this literature by considering the joint effect of all these three levels simultaneously, in order to avoid an underspecification of the model due to omission of important cultural factors. We hypothesize that such three levels identify a mechanism where the individual perception of their importance interacts with their objective characteristics. With data for second-year high-school students, and employing empirical triangulation through Logit and 3SLS methods, we find evidence for a strong parental effect and of secondary peer effects on student intention. We also detect clear endogenous effects from the neighbourhood and the overall cultural context. Moreover, entrepreneurship is confirmed to be perceived, even by students, as a buffer for unemployment and social mobility.

Date: 2016-08
New Economics Papers: this item is included in nep-edu, nep-ent, nep-soc and nep-ure
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http://www.rcea.org/RePEc/pdf/wp16-23.pdf

Related works:
Journal Article: Entrepreneurial intention among high-school students: the importance of parents, peers and neighbors (2020)
Working Paper: Multilevel Transmission of Cultural Attitudes and Entrepreneurial Intention: Evidence from High-School Students (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:rim:rimwps:16-23

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