Social Interaction and Entrepreneurial Intention: An Empirical Investigation for China

Xiaobing Huang, Meng Chen, Xiaolian Liu and Isaac Kofi Mensah

SAGE Open, 2021, vol. 11, issue 3, 21582440211030612

Abstract: This article investigates the impact of social interactions on household entrepreneurial behavior using the data of the China Family Finance Survey (CHFS) in 2015. The results show that social interaction has a positive influence on household entrepreneurship. More social interactions are associated with a higher likelihood of participating in both business and agricultural entrepreneurship. Moreover, the positive effect of social interaction on entrepreneurship increases with the relaxation of financial constraints faced by households. Finally, entrepreneurship is more motivated by social interaction for women than men. The results obtained in the benchmark are testified to be reliable after addressing the potential endogeneity of social interactions and using a different regression method.

Keywords: social interaction; entrepreneurship; entrepreneurial behavior (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:sagope:v:11:y:2021:i:3:p:21582440211030612

DOI: 10.1177/21582440211030612

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