Entrepreneurial intention among high-school students: the importance of parents, peers and neighbors

Roberto Patuelli (), Enrico Santarelli and Annie Tubadji

Eurasian Business Review, 2020, vol. 10, issue 2, No 2, 225-251

Abstract: Abstract Literature on the formation of intention toward entrepreneurship in adolescents has focused on either parental (vertical) transmission of social capital or network effects from peers or neighbors (horizontal). Considering the simultaneous effect of parents, peers, and neighbors, we suggest that such three levels identify a mechanism whereby the individual perception of their importance interacts with their objective characteristics. With a unique dataset for second-year high-school adolescents in the Italian city of Palermo, and employing Logit and 3SLS methods, we find evidence for a strong parental effect and for secondary peer (peers) effects on student intention. We also detect clear endogenous effects from the neighborhood and the overall context. Moreover, entrepreneurship is confirmed to be perceived, even by high-school students, as a buffer for possible unemployment and social mobility.

Keywords: Intention toward entrepreneurship; Peer-effects; Individual uncertainty; Contextual uncertainty (search for similar items in EconPapers)
JEL-codes: J60 R32 R38 Z10 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (3)

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Related works:
Working Paper: Multilevel Transmission of Cultural Attitudes and Entrepreneurial Intention: Evidence from High-School Students (2016)
Working Paper: Multilevel Transmission of Cultural Attitudes and Entrepreneurial Intention: Evidence from High-School Students (2016)
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DOI: 10.1007/s40821-020-00160-y

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